Amazing Cash Flow property in Gary, IN

$110,000 • 3 Beds / 2 Baths • 1,000 SqFt
Offer Submission Deadline
single_propertie_
  • Single Family House
  • 3
  • 2
  • 1958
  • 1000
  • 15000
  • Attached Garage

Description

🔥 OFF-MARKET DEAL – GARY, IN 🔥

**** E 51st Ave, Gary, IN 46409

🏠 3 Bed | 1 Bath | 1025 Sq Ft | Built 1955

📍 Located in Glen Park – strong rental & flip market, investor hot zone

💰 Asking Price: $39,000 OBO


🛠️ Estimated Repairs: $40,000-$50,000

📈 ARV: $120,000–$135,000+

💵 Market Rent: $1,100–$1,300/month

💡 Ideal for Flippers or Buy & Hold Investors

✔️ Clean title – ready for assignment

✔️ Vacant at close – easy access for contractors or walkthroughs

✔️ Strong equity spread and rental upside

🔥 COMP TO SUPPORT VALUE

📍 5060 Virginia St, Gary, IN 46409 – SOLD for $154,000

→ Renovated property just blocks away! This confirms high resale potential with quality work.

📞 Call/Text Jay at 219-248-7137

Estimated Spread

  • ARV $250,000
  • Price $100,000
  • Spread $150,000

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