605 Durbin St, Gary, IN 46406

2 bd · 1 ba · 1,932 sqft · built 1925 · Gary · SINGLE_FAMILY·source listing ↗

$84,000

rent, three ways

OnePercent model (vv1)$1,529/mo

p10–p90 confidence band

HUD Fair Market Rent · 46406 · 2BR

$1,170/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$35,839

Median area rent$995/mo

Median home value$91,700

the verdict

1.82%vs 1.0% target

wide confidence band

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

$84,000

1.82% · rent $1,529

Intrinsic value · income approach

$95,745

12% 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.