740 Van Buren St

Gary, IN 46402
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3 bd, 1 ba | 2,873 sqft | Built in 1910

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List Price
$65,000

$4K

Initial Investment

$20,071

Purchase Price

$60,000

Down Payment

25%

Rent

$1,118

Total Return

$46,617

Annualized Return

32.7%

Cap Rate

12.2%

Gross Yield

22.4%

Cash Flow

$3,318

Appreciation

9.2%
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Features

Occupancy

Vacant

Lease Up Guarantee

Yes

Lot Size

6,750

HOA

None

Flood Risk

Not Required

  • This listing is AS-IS; please see the most recent inspection report dated 7.27.22
  • Vacant property
  • Close to churches, restaurants, parks and beaches near Lake Michigan
  • Get more insight into this market here

See more in Analysis

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Annual Financial Highlights

Expected Rent

$12,745

Expenses

-$4,565

Property Taxes

-$1,600

Loan Payments

-$3,262

Net Cash Flow

$3,318

See more in Financials

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