Zip Code 46409 — Gary, IN
🟢STRONG— excellent cash flow marketCap Rate
19.1%
Monthly Cash Flow
+$831
Median Home Price
$78,605
DSCR
2.99
🏠 Fair Market Rents
- Studio
- $940/mo
- 1 Bedroom
- $1,110/mo
- 2 Bedroom
- $1,350/mo
- 3 Bedroom
- $1,660/mo
- 4 Bedroom
- $1,800/mo
📊 Investment Metrics
- Cap Rate
- 19.1%
- Cash-on-Cash Return
- 55.2%
- Price-to-Rent Ratio
- 3.9
- 1% Rule
- 2.11%
- Gross Rent Multiplier
- 3.9
- 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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