








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Rental property for sale in La Porte at 1112 E Division Rd, La Porte, IN, 46350 generates $2,302/mo in rent and, after a $1,835/mo payment, leaves $51/mo in cash flow. Total monthly income is $2,302/mo, and annual cash flow is $616/yr on $124,313 invested. Return on cash invested sits at 20.4% in year one, and rental yield is 7.37% on a $375,000 entry. Equity gained on principal adds $2,420/yr, while 5% annual appreciation builds toward $103,606 over five years. Five-year ROI reaches 105.28% and total cumulative return in cash sums $130,875. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,302/mo property income rather than buyer’s personal income.
Single Family
Built in 1945
1.11 Acres 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 |
|---|---|---|
| 2025-05-22 | Listed for sale | $375,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-05-23 | $2313.84 | 12.93% | $222,800 | 2.01% |
| 2023-05-23 | $2048.96 | 4.86% | $218,400 | 10.58% |
| 2022-05-23 | $1954.08 | 4.68% | $197,500 | 8.10% |



Listed by: Zachary Sliwa • The Lyons Group Real Estate
Mls Name: NIRA
Mls Provider:
Mls ID: #821230
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.