








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 Loogootee at 12176 E 350 N, Loogootee, IN, 47553 earns from $1,500/mo rent with a $1,350/mo payment. Total monthly income totals $1,500/mo. ROI tracks 17.86% on current figures, and rental yield reads 6.52% at a $275,900 purchase. Equity gained on principal adds $1,780/yr, and 5% annual appreciation supports $76,226 over five years. Five-year ROI reaches 91.66% and total cumulative return in cash sums $83,837. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,500/mo property income instead of your personal income.
Single Family
Built in 1973
0.75 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 47553, Loogootee, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,625 (100%) |
| Owner Occupied HU | 2,637 (72.7%) |
| Renter Occupied HU | 680 (18.8%) |
| Vacant Housing Units | 308 ( 8.5%) |
| Median Home Value | $232,260 |
| Average Home Value | $253,015 |
Residential
3,405
Single Family
3,352
Multi-Family
53
Businesses
209
Date | Event | Price |
|---|---|---|
| 2025-04-19 | Listed for sale | $275,900 |
| 2025-04-15 | Listing removed | $277,000 |
| 2025-03-25 | Price change | $277,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-22 | $569.88 | 11.65% | $153,700 | -2.47% |
| 2023-04-22 | $510.40 | 20.02% | $157,600 | 16.14% |
| 2022-04-22 | $425.28 | 19.17% | $135,700 | 7.02% |



Listed by: Mary B Norris • F.C. TUCKER EMGE
Mls Name: IRMLS
Mls Provider:
Mls ID: #202513625
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.