Market snapshot
This report covers ZIP 46409, Gary, IN. Demographic and housing figures blend U.S. Census ACS 5-year estimates with current rental listings. Flip-activity figures come from public county records of real estate transactions in the last 12 months, filtered to exclude wholesale deals, family transfers, and new construction.
Flipper activity in ZIP 46409
In the last 12 months, 7 properties in ZIP 46409 were bought and resold by investors, matching a real-flip profile (28 to 540 day hold, purchase of $25K or more, no new construction, rebuilds, iBuyers or multi-parcel sales; money-losing flips included). The typical flip cleared $7K in gross margin before rehab, carrying, and closing costs, with a median hold time of 70 days.
Top flippers in the zip
| Rank | Flipper / LLC | Flips |
|---|---|---|
| 1 | LIGHTHOUSE ESTATES LLC | 2 |
| 2 | PREFERRED HOMES LLC | 1 |
| 3 | HOUSEMART INC | 1 |
| 4 | NAVS REALTY LLC | 1 |
| 5 | BLACKSTAR STABILITY REVITALIZATION TRUST | 1 |
Recent example
4821 PENNSYLVANIA ST, GARY, IN, 46409 · PREFERRED HOMES LLC
Bought $72,550, sold $189,924 (+$117K), held 69 days.
Recent investor purchases in ZIP 46409
32 investor purchases in ZIP 46409 in the last 6 months, at a median price of $145K. 9% were all-cash. These are the investors competing for deals in this zip right now.
| Date | Property | Investor | Price | Paid with |
|---|---|---|---|---|
| Oct 15, 2026 | 5061 CONNECTICUT ST | LEGACY RENTALS NWI LLC | $145K | Financed |
| Oct 15, 2026 | 5063 VIRGINIA ST | NEXT DOOR CAPITAL MANAGEMENT LLC-S SERIES 2026 | $143K | Financed |
| Oct 8, 2026 | 4788 CONNECTICUT ST | IRVING & SONS PROPERTY MANAGEMENT LLC | $119K | Financed |
| Oct 6, 2026 | 4821 PENNSYLVANIA ST | PRAISE HOLDINGS LLC | $190K | Financed |
| Oct 2, 2026 | 3925 CAROLINA ST | JR FRENCH HOMES LLC | $140K | Financed |
| Sep 24, 2026 | 840 E 44TH PL | CRYSTAL POINT REALTY LLC | $173K | Financed |
| Sep 23, 2026 | 4315 KENTUCKY ST | ROSES INVESTMENTS LLC | $183K | Financed |
| Sep 22, 2026 | 1000 E 43RD AVE | HAPPYHOUSES LLC | $160K | Financed |
| Sep 18, 2026 | 312 E RIDGE RD | PRAISE HOLDINGS LLC | $184K | Financed |
| Sep 18, 2026 | 5012 VIRGINIA ST | VALYOU MORE LLC | $950K | Financed |
Watch 46409 every week
Get the newest investor purchases and flips in 46409 in your inbox every Monday. Free, one click to stop.
More of Gary
See every zip, the latest investor purchases and flips across the city on the Gary, IN fix-and-flip market report.
See every flip in 46409, with full buyer and deal details
The full tool shows every flip transaction with buyer entity, exact purchase price, sale price, margin, and hold time. Plus the complete flipper leaderboard, comps for any address, rental analysis, and our T1F Market Score.
Unlock the full 46409 report Free. Email only. No credit card.Nearby markets in IN
Same-state markets near ZIP 46409. Click any to see its fix-and-flip snapshot.
We built this tool. We also write the loans on flips just like the ones above.
About this data
Flip transactions: Pulled from public county recording records via SFR Analytics. Filtered to investor purchases resold 28 to 540 days later (shorter holds are wholesale or assignment deals). New construction, rebuilds, iBuyers, homebuilders, multi-parcel sales, family transfers and purchases under $25K are excluded. Money-losing flips are included, so margins reflect the real range of outcomes.
Gross margin: Sale price minus purchase price. Does not include rehab, carrying, or closing costs. Use our Deal Calculator to model full project returns.
Demographics and rent: Population, median household income, and median home value from U.S. Census ACS 5-year estimates (2022). Rental figures reflect current listings from SFR Analytics.
Why we built this: Tier One Funding is a direct bridge and fix-and-flip lender. We built this free tool because flippers kept asking us, "What are the real numbers in my market?" and there was no free answer that wasn't buried behind a paywall. Use the data to decide where to buy, then call us when you need bridge capital.