







No similar rental properties found nearby.

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 Lamar at 13369 N State Hwy #245, Lamar, IN, 47550 offers a 0% rental yield on a $205,000 purchase with $0/mo rent. 81% in year one. Equity gained on principal adds $1,323/yr while 5% annual appreciation supports $56,638 over five years. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $0/mo property income against a $1,003/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 2010
0.68 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 47550, Lamar, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 303 (100%) |
| Owner Occupied HU | 258 (85.1%) |
| Renter Occupied HU | 26 ( 8.6%) |
| Vacant Housing Units | 19 ( 6.3%) |
| Median Home Value | $229,730 |
| Average Home Value | $317,364 |
Residential
294
Single Family
294
Multi-Family
0
Businesses
16
Date | Event | Price |
|---|---|---|
| 2025-04-15 | Sold | $205,000 |
| 2025-03-28 | Listed for sale | $210,000 |
| 2025-03-10 | Pending sale | $210,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
No similar rental properties found nearby.



Listed by: William R Daily • Midwest Land & Lifestyle LLC
Mls Name: IRMLS
Mls Provider:
Mls ID: #202433994
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.