679 Martin Luther King Dr,Gary,IN,46402

Investment Highlights

Investment property for sale in Gary at 679 Martin Luther King Dr, Gary, IN, 46402 listed at $139,000 pairs $1,105/mo rent with a $680/mo payment to leave $271/mo cash flow. Total monthly income runs $1,105/mo, and annual cash flow reaches $3,251/yr on $46,079 cash to close. Return on cash invested measures 26.96% in year one, and rental yield registers 9.54% at a $139,000 basis. Equity gained on principal adds $897/yr, and annual property appreciation at 5% supports $38,403 by year five. Five-year ROI tracks 140.44% and total cumulative return in cash totals $64,712. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,105/mo property income relative to a $680/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).