2040 Lane St, Gary, IN 46404

3 bd · 1 ba · 925 sqft · built 1955 · Gary · SINGLE_FAMILY·source listing ↗

$85,000

$95,000 first listed

seller intel

Price cut

−10.5%

from $95,000

Motivation score

50/100

OnePercent model (vv1)

$1,420/mo

p10–p90 confidence band

HUD Fair Market Rent · 46404 · 3BR$1,470/mo

Area comps median (last 90d)—

FMR from HUD SAFMR FY2026. Never a naked estimate.

County

Lake

Flood risk indexRelatively Moderate FEMA NRI

Median household income$42,256

Median area rent$999/mo

Median home value$95,200

the verdict

1.67%vs 1.0% target

financing: 20% down · — (FRED, live) · 30yr

$85,000

1.67% · rent $1,420

Intrinsic value · income approach

$120,704

30% below intrinsic value

Value = net operating income ÷ market cap rate. Not investment advice.

Ten-year owner return

Equity multiple, per-year cash flow, and appreciation modeling are a Pro feature.