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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 La Porte at 1005 Harrison St, La Porte, IN, 46350 listed at $106,000 pairs $821/mo rent with a $519/mo payment to leave $172/mo cash flow. Total monthly income runs $821/mo, and annual cash flow reaches $2,063/yr on $35,139 cash to close. Return on cash invested measures 25.78% in year one, and rental yield registers 9.29% at a $106,000 basis. Equity gained on principal adds $684/yr, and annual property appreciation at 5% supports $29,286 by year five. Five-year ROI tracks 134.22% and total cumulative return in cash totals $47,164. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $821/mo property income relative to a $519/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1875
9,313 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 46350, La Porte, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,583 (100%) |
| Owner Occupied HU | 13,201 (67.4%) |
| Renter Occupied HU | 4,824 (24.6%) |
| Vacant Housing Units | 1,558 ( 8.0%) |
| Median Home Value | $242,759 |
| Average Home Value | $281,363 |
Residential
18,446
Single Family
17,121
Multi-Family
1,325
Businesses
1,117
Date | Event | Price |
|---|---|---|
| 2025-01-29 | Sold | $171,000 |
| 2021-01-21 | Listing removed | N/A |
| 2020-12-21 | Listed for sale | N/A |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-06-11 | $1031.00 | -4.09% | $104,300 | 1.16% |
| 2023-06-11 | $1075.00 | 1.99% | $103,100 | -4.09% |
| 2022-06-11 | $1054.00 | -4.62% | $107,500 | 1.99% |
Listed by: Aaron Brailer • REALHome Services and Solution
Mls Name: NIRA
Mls Provider:
Mls ID: #822260
Disclaimer: Copyright 2025 MuItiple Listing Service of the Northwest Indiana REALTORS Association, Inc. All rights reserved. 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.
