12349 Scenic Cir, Loogootee, IN, 47553 | 4.79% Rental Yield

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

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12349 Scenic Cir, Loogootee, IN, 47553 | 4.79% Rental Yield | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Loogootee at 12349 Scenic Cir, Loogootee, IN, 47553 earns from $3,034/mo rent with a $3,720/mo payment. Total monthly income totals $3,034/mo. ROI tracks 12.73% on current figures, and rental yield reads 4.79% at a $760,000 purchase. Equity gained on principal adds $4,904/yr, and 5% annual appreciation supports $209,974 over five years. Five-year ROI reaches 64.04% and total cumulative return in cash sums $160,129. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,034/mo property income instead of your personal income.

Single Family

Built in 1974

10,018 sqft lot

$N/A/sqft

No HOA

More details about the property

Lake Life vibes and panoramic views create the perfect blend! Featuring 4 Bedrooms, 3.5 Bathrooms, 4 Car Attached Garage with Workshop, Living Room with Entertainment center and Lovely Fireplace. Spacious Kitchen with solid topes and Kitchen Island, En Suite Master with Loft and Balcony, Office Area and So Much More. Enjoy the open decks or relax in the enclosed patio on those chilly days. This property also includes covered boat dock with 3 slips and utilities and roughly 180 degrees of water access. All appliances and one year HSA Home Warranty are included with this one of a kind Waterfront Estate.

Neighborhood Data

Neighborhood data shown for ZIP Code: 47553, Loogootee, IN area.

Housing Distribution

Housing Statistics

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