Gary, IN — Rental Investment Analysis
🟢STRONG— excellent cash flow marketCap Rate
13.6%
Above average
Monthly Cash Flow
+$523
After all expenses
Price-to-Rent
5.4
Investor-friendly
DSCR
2.12
Passes lender test
📊 Key Metrics
- Median Home Price
- $91,197
- Average Rent (3BR)
- $1,390/mo
- Price-to-Rent Ratio
- 5.4(good)
- 1% Rule
- 1.55%(passes)
- Cash-on-Cash Return
- 31.3%
- Vacancy Rate
- 8.0%
📈 Market Strength
Assumptions Used
20% down, 7.000000000000001% rate, 30yr, 8% vacancy, 10% maintenance
Customize these numbers →🏘️ Best Zip Codes in Gary for Investors
All Zip Codes in Gary
| Zip | Cap Rate | Cash Flow | Home Price | Rent (3BR) | DSCR |
|---|---|---|---|---|---|
| 46407 | 19.6% | +$667 | $60,433 | $1,310/mo | 3.07 |
| 46409 | 19.1% | +$831 | $78,605 | $1,660/mo | 2.99 |
| 46402 | 15.6% | +$541 | $70,529 | $1,240/mo | 2.44 |
| 46406 | 14.7% | +$571 | $82,041 | $1,370/mo | 2.31 |
| 46404 | 12.4% | +$505 | $100,354 | $1,440/mo | 1.94 |
| 46408 | 10.8% | +$406 | $111,379 | $1,410/mo | 1.68 |
| 46403 | 7.0% | +$75 | $153,191 | $1,350/mo | 1.09 |
| 46301 | 0.3% | -$3,412 | $677,815 | $1,410/mo | 0.05 |