2373 Jefferson St is a renovated 4-bed, 2-bath single family in Midtown Gary, offering 1,645 sqft. Recent rent listings in this area (and this home’s own history) support a rent range of $1,350–$1,800/month. With an $87.5K valuation, gross annual revenue could hit $16.2K–$21.6K, implying a payback period of roughly 4–5.5 years—very attractive for this market. New finishes, granite counters, and extra bedrooms boost appeal, while local rents are climbing and vacancy is stable. Challenges include lower-rated schools and typical Gary market volatility, but the size, updates, and garage make this a standout for renter demand.

To maximize rental value, ensure all modern updates are well-marketed—highlight those granite countertops and wood floors in photos and listings. Adding amenities like central air or smart home features could nudge rents upward. If considering a sale, position this as turnkey for investors: the strong rent-to-price ratio and recent upgrades set it apart locally. Keeping it well-maintained and ensuring curb appeal will further solidify top-of-market rent.