1272 E Wagner Rd #QMVS0MLa PorteIN46350
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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
Investment Highlights
Investment property for sale in La Porte at 1272 E Wagner Rd #QMVS0M, La Porte, IN, 46350 offers a 8.1% rental yield on a $464,000 purchase with $3,133/mo rent. Total monthly income registers $3,133/mo, and a $2,271/mo payment leaves $348/mo available for distribution. Annual cash flow reaches $4,173/yr on $153,816 to close, and return on cash invested stands at 22.62% in year one. Equity gained on principal adds $2,994/yr while 5% annual appreciation supports $128,195 over five years. Portfolio math shows five-year ROI at 117.15% and total cumulative return in cash at $180,189. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,133/mo property income against a $2,271/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2023
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46350, La Porte, IN area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
18,446
Single Family
17,121
Multi-Family
1,325
Businesses
1,117
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