108 W Ohio StLa CrosseIN46348
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowDay-one income is the story at 108 W Ohio St, La Crosse, IN, 46348 in La Crosse. Priced at $138,000, it generates $1,877/mo in gross rent and $1,048/mo in net monthly cash flow, a 16.32% yield that comfortably supports the 3.02 DSCR needed for Ziffy Mortgage's no-W2 DSCR mortgage. Projected annual cash flow: $12,581. Five-year appreciation: $38,127. Equity from principal paydown: $1,271/yr. Total projected cumulative return: $119,728.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 16.3% | 7.0% |
| Monthly Cash Flow | $1,048 | $400 |
City averages based on La Crosse market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,877 |
| Total Monthly Debt Service | $773 |
| DSCR Ratio | 2.43x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1912
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46348, La Crosse, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 457 (100%) |
| Owner Occupied HU | 364 (79.6%) |
| Renter Occupied HU | 60 (13.1%) |
| Vacant Housing Units | 33 ( 7.2%) |
| Median Home Value | $199,219 |
| Average Home Value | $243,922 |
Housing Distribution
Address Breakdown
Residential
374
Single Family
374
Multi-Family
0
Businesses
21
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
Single Family
Built in 1912
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46348, La Crosse, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 457 (100%) |
| Owner Occupied HU | 364 (79.6%) |
| Renter Occupied HU | 60 (13.1%) |
| Vacant Housing Units | 33 ( 7.2%) |
| Median Home Value | $199,219 |
| Average Home Value | $243,922 |
Housing Distribution
Address Breakdown
Residential
374
Single Family
374
Multi-Family
0
Businesses
21
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Lisa Gaff • White Hat Realty Group, LLC
Mls Name: IRMLS
Mls Provider:
Mls ID: #202528651
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.