1285 E Cindyred LnLa 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 1285 E Cindyred Ln, La Porte, IN, 46350 uses $162,104 cash to close to unlock $2,004/yr annual cash flow and $167/mo monthly cash flow. Total monthly income runs $3,102/mo, and a $2,393/mo payment keeps the spread at $167/mo. Purchase price stands at $489,000, and rental yield measures 7.61% with $3,102/mo rent. Return on cash invested shows 21.15% in year one, and 5% annual appreciation builds toward $135,102 over five years. Five-year ROI reaches 109.26% and total cumulative return in cash records $177,106. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,102/mo property income covering a $2,393/mo payment rather than investor’s personal income.
Single Family
Built in 2021
1.03 Acres 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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Listed by: Katie Kupsik-Garrison • Keller Williams Realty SWM
Mls Name: NIRA
Mls Provider:
Mls ID: #821263
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