7219 Maple AveGaryIN46403
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Investment Highlights
Investment property for sale in Gary at 7219 Maple Ave, Gary, IN, 46403 with 5% annual appreciation on a $965,000 basis while $2,399/mo rent supports operations. 23% in year one. Equity gained on principal adds $6,227/yr, and five-year appreciation sums $266,612 alongside rental yield of 2.98%. Five-year ROI measures 34.59% and total cumulative return in cash totals $109,831. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,399/mo property income versus a $4,723/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1926
7,753 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46403, Gary, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,395 (100%) |
| Owner Occupied HU | 2,740 (42.8%) |
| Renter Occupied HU | 2,443 (38.2%) |
| Vacant Housing Units | 1,212 (19.0%) |
| Median Home Value | $169,037 |
| Average Home Value | $237,071 |
Housing Distribution
Address Breakdown
Residential
5,555
Single Family
5,028
Multi-Family
527
Businesses
250
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Warren Reeder • Reeder Companies
Mls Name: NIRA
Mls Provider:
Mls ID: #823727
Disclaimer: Copyright 2025 MuItiple Listing Service of the Northwest Indiana REALTORS Association, Inc. All rights reserved. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.