2380 Industrial Blvd Gary, IN 46407
3bd, 1ba | 801sqft | Built in 1958
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Initial Investment
$52,150
List Price: $47,500
Purchase Price
$47,500
Down Payment
100%
Rent
$900

Total Return
$28,786
Annualized Return
11.1%
Cap Rate
13.3%
Gross Yield
22.7%
Cash Flow
$5,682
Appreciation
2.0%
Features
Roofstock Certified
Occupancy
Occupied
Lease Start
04/01/2016 
Lease End
08/31/2020 
Lot Size
3,311 
HOA
None
Flood Risk
Not Required
  • Property has two additional bedrooms in the basement

Annual Financial Highlight
Expected Rent
$10,260
Expenses
-$3,578
Property Taxes
-$1,000
Loan Payments
$0

Net Cash Flow
$5,682
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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