902 W 36th AveGaryIN46408
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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
Investment Highlights
Investment property for sale in Gary at 902 W 36th Ave, Gary, IN, 46408 uses $64,609 cash to close to unlock $9,348/yr annual cash flow and $779/mo monthly cash flow. Total monthly income runs $1,949/mo, and a $954/mo payment keeps the spread at $779/mo. Purchase price stands at $194,900, and rental yield measures 12% with $1,949/mo rent. Return on cash invested shows 34.38% in year one, and 5% annual appreciation builds toward $53,847 over five years. Five-year ROI reaches 180.18% and total cumulative return in cash records $116,415. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,949/mo property income covering a $954/mo payment rather than investor’s personal income.
Single Family
Built in 1948
5,227 sqft lot
$N/A/sqft
No HOA
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Listed by: Subashini Kulatunga • @properties/Christie's Intl RE
Mls Name: NIRA
Mls Provider:
Mls ID: #822384
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