604 W 44th Ave,Gary,IN,46408

Investment Highlights

Rental property for sale in Gary at 604 W 44th Ave, Gary, IN, 46408 generates $1,898/mo in rent and, after a $806/mo payment, leaves $909/mo in cash flow. Total monthly income is $1,898/mo, and annual cash flow is $10,913/yr on $54,598 invested. Return on cash invested sits at 39.9% in year one, and rental yield is 13.83% on a $164,700 entry. Equity gained on principal adds $1,063/yr, while 5% annual appreciation builds toward $45,504 over five years. Five-year ROI reaches 209.81% and total cumulative return in cash sums $114,553. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,898/mo property income rather than buyer’s personal income.