800 Buchanan St,Gary,IN,46402

Investment Highlights

Investment property for sale in Gary at 800 Buchanan St, Gary, IN, 46402 listed at $119,900 pairs $943/mo rent with a $587/mo payment to leave $223/mo cash flow. Total monthly income runs $943/mo, and annual cash flow reaches $2,677/yr on $39,747 cash to close. Return on cash invested measures 26.64% in year one, and rental yield registers 9.44% at a $119,900 basis. Equity gained on principal adds $774/yr, and annual property appreciation at 5% supports $33,126 by year five. Five-year ROI tracks 138.85% and total cumulative return in cash totals $55,188. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $943/mo property income relative to a $587/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).