1400 E 35th Pl

Gary, IN 46409
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2 bd, 1 ba | 859 sqft | Built in 1952

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List Price
$56,000

Initial Investment

$47,198

Purchase Price

$46,500

Down Payment

100%

Rent

$650

Total Return

$42,840

Annualized Return

15.5%

Cap Rate

9.2%

Gross Yield

16.8%

Cash Flow

$3,825

Appreciation

9.2%
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Features

Occupancy

Occupied

Lease Start

06/01/2021

Lease End

05/31/2022

Lot Size

5,401

HOA

None

Flood Risk

Not Required

  • Beautiful tree-lined neighborhood
  • Corner Lot
  • Fenced in backyard
  • Detached garage

See more in Analysis

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Annual Financial Highlights

Expected Rent

$7,410

Expenses

-$2,485

Property Taxes

-$1,100

Loan Payments

$0

Net Cash Flow

$3,825

See more in Financials

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