0 Frazer Rd, Laurel, IN, 47024 | $456/mo Cash Flow

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Monthly Cash Flow: 1 - 3k+

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0 Frazer Rd, Laurel, IN, 47024 | $456/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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Ziffy AI Summary

A quick, investor-focused snapshot highlighting income strength, yield potential.

Key metrics	Value
Price	$399,900
Est. Rent	$3,200/mo
ROI	18%

Attractive rent-to-price ratio for income stability
Good fit for DSCR financing with healthy coverage

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Investment Highlights

Investment property for sale in Laurel at 0 Frazer Rd, Laurel, IN, 47024 listed at $119,900 pairs $1,176/mo rent with a $587/mo payment to leave $456/mo cash flow. Total monthly income runs $1,176/mo, and annual cash flow reaches $5,473/yr on $39,747 cash to close. Return on cash invested measures 33.68% in year one, and rental yield registers 11.77% at a $119,900 basis. Equity gained on principal adds $774/yr, and annual property appreciation at 5% supports $33,126 by year five. Five-year ROI tracks 176.56% and total cumulative return in cash totals $70,176. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,176/mo property income relative to a $587/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Single Family

Built in N/A

5 Acres lot

$N/A/sqft

No HOA

More details about the property

Looking for a peaceful weekend retreat with hunting, trails, and room to roam? Or maybe you're ready to build your dream home surrounded by nature? This versatile 5-ACRE property just outside Metamora, Indiana checks all the boxes. Located only 20 MINUTES FROM BROOKVILLE RESERVOIR, 45 MINUTES TO CINCINNATI, and about AN HOUR TO INDIANAPOLIS, it offers the perfect blend of seclusion and accessibility-ideal for both a quiet getaway or a private full-time residence. On-site, you'll find a charming CABIN equipped with ELECTRIC, PROPANE HOOKUP, and a WOOD STOVE, providing a self-sufficient and cozy weekend escape. This property does not have running water or plumbing. A BARN on the property adds valuable storage space for gear, tools, or outdoor equipment. The land features a well-maintained TRAIL SYSTEM-great for ATV RIDING, HIKING, or accessing HUNTING STANDS discreetly. DEER AND WILDLIFE are abundant, making this a strong hunting property with opportunities right outside your door. If you're thinking of building, the property includes a LONG, PRIVATE DRIVEWAY that leads to a NATURAL CLEARING, offering an ideal build site surrounded by MATURE WOODS for privacy and tranquility. Whether you're looking for RECREATION, RELAXATION, or a RESIDENTIAL BUILD SITE, this property delivers. Don't miss your chance to own this rare piece of Indiana countryside! Contact Nick George Indiana License #RB14050714

Neighborhood Data

Neighborhood data shown for ZIP Code: 47024, Laurel, IN area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	1,293 (100%)
Owner Occupied HU	965 (74.6%)
Renter Occupied HU	191 (14.8%)
Vacant Housing Units	137 (10.6%)
Median Home Value	$176,520
Average Home Value	$223,956