1005 Harrison StLa PorteIN46350
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Investment Highlights
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
Neighborhood data shown for ZIP Code: 46350, La Porte, IN area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
18,446
Single Family
17,121
Multi-Family
1,325
Businesses
1,117
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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.