1535 E 35th Pl Gary, IN 46409
2bd, 1ba | 768sqft | Built in 1952
investment property - 1535 E 35th Pl, Gary, IN 46409, Lake - image 0
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investment property - 1535 E 35th Pl, Gary, IN 46409, Lake - image 0
investment property - 1535 E 35th Pl, Gary, IN 46409, Lake - image 1
investment property - 1535 E 35th Pl, Gary, IN 46409, Lake - image 2
List Price
$45,000
Initial Investment : $51,866
Purchase Price
$45,000
Down Payment
100%
Rent
$800

Total Return
$21,678
Annualized Return
8.5%
Cap Rate
11.9%
Gross Yield
21.3%
Cash Flow
$4,789
Appreciation
2.0%
Features
Roofstock Certified
Occupancy
Occupied
Lease Start
12/30/2019 
Lease End
01/30/2021 
Lot Size
5,750 
HOA
None
Flood Risk
Not Required

Annual Financial Highlight
Expected Rent
$9,120
Expenses
-$3,231
Property Taxes
-$1,100
Loan Payments
$0

Net Cash Flow
$4,789
Considerations
Property Characteristics    View Details


Roofstock Exclusive
This property is listed directly from the seller and only available through the Roofstock marketplace.
  • You can avoid competition and "buy it now" at the list price.​
  • The home will have undergone a comprehensive inspection, title search and more – all of which are made available in the Diligence Documents to review.
  • Transaction will only carry an inspection contingency if the posted inspection report is more than 4 months old.
  • A Roofstock-affiliated broker represents the Seller in this transaction, but Roofstock will walk you through the process​.

Property Management   

Why choose?

From repairs and maintenance to communicating with tenants, our preferred property management teams protect your assets and keep things running smoothly.

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