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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 Fontaine at 11542 S 700 E, La Fontaine, IN, 46940 listed at $424,900 pairs $2,168/mo rent with a $2,080/mo payment. Total monthly income runs $2,168/mo. Return on cash invested measures 16.65% in year one, and rental yield registers 6.12% at a $424,900 basis. Equity gained on principal adds $2,742/yr, and annual property appreciation at 5% supports $117,392 by year five. Five-year ROI tracks 85.13% and total cumulative return in cash totals $119,913. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,168/mo property income relative to a $2,080/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1992
13.09 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 46940, La Fontaine, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,145 (100%) |
| Owner Occupied HU | 847 (74.0%) |
| Renter Occupied HU | 172 (15.0%) |
| Vacant Housing Units | 126 (11.0%) |
| Median Home Value | $202,446 |
| Average Home Value | $244,976 |
Residential
934
Single Family
926
Multi-Family
8
Businesses
29
Date | Event | Price |
|---|---|---|
| 2025-05-27 | Listed for sale | $424,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-05-28 | $1828.38 | 23.83% | $234,700 | 1.25% |
| 2023-05-28 | $1476.50 | 5.90% | $231,800 | 3.21% |
| 2022-05-28 | $1394.22 | 5.47% | $224,600 | 13.49% |
What's Special
Storage
Listed by: John R Lundquist • Lundquist Appraisals & Real Estate
Mls Name: IRMLS
Mls Provider:
Mls ID: #202519622
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.
