Single Family Residence in Gary, IN

Welcome to a well kept home in Calumet Township offering both comfort and strong financial upside. With current rent at sixteen hundred per month, this property performs in the 10-12 perc cap rate range, making it an appealing option for buyers who want a rent ready residence that also builds long term equity. For those who want to move into their beautiful new home, the Lease is up on 3/31/26. The home features a practical layout, a bright living area, and a spacious yard--ideal for everyday living, outdoor enjoyment, or future improvements. Its location near Indiana University Northwest, major employers, and key transit routes ensure steady demand and lasting value. Whether you're looking for an affordable primary home or a smart investment with immediate income potential, this property delivers versatility and long term stability.