12820 E 150 NLoogooteeIN47553
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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 Loogootee at 12820 E 150 N, Loogootee, IN, 47553 uses $69,250 cash to close to unlock $7,698/yr annual cash flow and $641/mo monthly cash flow. Total monthly income runs $1,895/mo, and a $1,022/mo payment keeps the spread at $641/mo. Purchase price stands at $208,900, and rental yield measures 10.89% with $1,895/mo rent. Return on cash invested shows 31.02% in year one, and 5% annual appreciation builds toward $57,715 over five years. Five-year ROI reaches 162.24% and total cumulative return in cash records $112,350. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,895/mo property income covering a $1,022/mo payment rather than investor’s personal income.
Single Family
Built in 2005
0.42 Acres lot
$N/A/sqft
No HOA
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 |
Housing Distribution
Address Breakdown
Residential
3,405
Single Family
3,352
Multi-Family
53
Businesses
209
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Listed by: Billy J Walker • Century 21 Classic Realty
Mls Name: IRMLS
Mls Provider:
Mls ID: #202517599
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.