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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Loogootee at 1003 W Broadway St, Loogootee, IN, 47553 earns $181/mo cash flow from $1,531/mo rent with a $1,101/mo payment. Total monthly income totals $1,531/mo, and annual cash flow totals $2,167/yr on $74,588 capital. ROI tracks 22.81% on current figures, and rental yield reads 8.17% at a $225,000 purchase. Equity gained on principal adds $1,452/yr, and 5% annual appreciation supports $62,163 over five years. Five-year ROI reaches 118.2% and total cumulative return in cash sums $88,161. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,531/mo property income instead of your personal income.
Single Family
Built in 1958
1.47 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 47553, Loogootee, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,625 (100%) |
| Owner Occupied HU | 2,637 (72.7%) |
| Renter Occupied HU | 680 (18.8%) |
| Vacant Housing Units | 308 ( 8.5%) |
| Median Home Value | $232,260 |
| Average Home Value | $253,015 |
Residential
3,405
Single Family
3,352
Multi-Family
53
Businesses
209
Date | Event | Price |
|---|---|---|
| 2025-06-25 | Sold | $225,000 |
| 2025-05-05 | Listed for sale | $225,000 |
| 2015-03-11 | Sold | $120,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-13 | $1142.12 | 0.82% | $174,600 | 5.69% |
| 2023-10-13 | $1132.80 | 7.96% | $165,200 | 5.76% |
| 2022-10-13 | $1049.32 | 12.81% | $156,200 | 14.43% |
Listed by: Matthew E Corey • Williams Carpenter Realtors
Mls Name: IRMLS
Mls Provider:
Mls ID: #202515990
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
