700 Jackson St, Gary, IN, 46402 | $251/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

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Ziffy AI Summary

A quick, investor-focused snapshot highlighting income strength, yield potential.

Key metrics	Value
Price	$399,900
Est. Rent	$3,200/mo
ROI	18%

Attractive rent-to-price ratio for income stability
Good fit for DSCR financing with healthy coverage

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Investment Highlights

Rental property for sale in Gary at 700 Jackson St, Gary, IN, 46402 priced at $127,000 converts $1,014/mo rent into $251/mo cash flow after a $622/mo obligation. Total monthly income equals $1,014/mo, and annual cash flow totals $3,015/yr on $42,101 invested. Return on cash invested prints 27.07% in year one, and rental yield reads 9.58% against a $127,000 entry. Equity gained on principal adds $820/yr, while 5% annual appreciation compiles into $35,088 by year five. Five-year ROI reaches 141.08% and total cumulative return in cash sums $59,397. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,014/mo property income covering a $622/mo payment, not borrower’s personal income.

Single Family

Built in 1907

9,016 Acres lot

$N/A/sqft

No HOA