Zip Code 46407 — Gary, IN
🟢STRONG— excellent cash flow marketCap Rate
19.6%
Monthly Cash Flow
+$667
Median Home Price
$60,433
DSCR
3.07
🏠 Fair Market Rents
- Studio
- $740/mo
- 1 Bedroom
- $880/mo
- 2 Bedroom
- $1,070/mo
- 3 Bedroom
- $1,310/mo
- 4 Bedroom
- $1,430/mo
📊 Investment Metrics
- Cap Rate
- 19.6%
- Cash-on-Cash Return
- 57.6%
- Price-to-Rent Ratio
- 3.8
- 1% Rule
- 2.17%
- Gross Rent Multiplier
- 3.8
- 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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