Zip Code 46404 — Gary, IN
🟢STRONG— excellent cash flow marketCap Rate
12.4%
Monthly Cash Flow
+$505
Median Home Price
$100,354
DSCR
1.94
🏠 Fair Market Rents
- Studio
- $810/mo
- 1 Bedroom
- $960/mo
- 2 Bedroom
- $1,170/mo
- 3 Bedroom
- $1,440/mo
- 4 Bedroom
- $1,560/mo
📊 Investment Metrics
- Cap Rate
- 12.4%
- Cash-on-Cash Return
- 26.2%
- Price-to-Rent Ratio
- 5.8
- 1% Rule
- 1.43%
- Gross Rent Multiplier
- 5.8
- Vacancy Rate
- 8.0%
📋 Assumptions Used
20% down payment, 7.000000000000001% interest rate, 30-year fixed, 8% vacancy, 10% maintenance, 1.2% property tax
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