5021 Connecticut St Gary, IN 46409
3bd, 1ba | 1,710sqft | Built in 1946
investment property - 5021 Connecticut St, Gary, IN 46409, Lake - image 0
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investment property - 5021 Connecticut St, Gary, IN 46409, Lake - image 0
investment property - 5021 Connecticut St, Gary, IN 46409, Lake - image 1
investment property - 5021 Connecticut St, Gary, IN 46409, Lake - image 2
Initial Investment
$57,722
List Price: $55,900
Purchase Price
$55,900
Down Payment
100%
Rent
$850

Est. market rent may range from $786 to $914


Total Return
$30,208
Annualized Return
10.3%
Cap Rate
10.5%
Gross Yield
18.2%
Cash Flow
$5,308
Appreciation
2.0%
Features
Roofstock Certified
Occupancy
Vacant
Guaranteed Rent
Yes
Lot Size
5,053 
HOA
None
Flood Risk
Not Required

Annual Financial Highlight
Expected Rent
$9,690
Expenses
-$3,182
Property Taxes
-$1,200
Loan Payments
$0

Net Cash Flow
$5,308
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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