2380 Industrial Blvd

Gary, IN 46407
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3 bd, 1 ba | 801 sqft | Built in 1958

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List Price
$47,500

Initial Investment

$51,135

Purchase Price

$46,500

Down Payment

100%

Rent

$900

Total Return

$48,759

Annualized Return

16.9%

Cap Rate

13.5%

Gross Yield

23.2%

Cash Flow

$5,682

Appreciation

9.2%
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Features

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

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Annual Financial Highlights

Expected Rent

$10,260

Expenses

-$3,578

Property Taxes

-$1,000

Loan Payments

$0

Net Cash Flow

$5,682

See more in Financials

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