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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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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 Loogootee at 1372 Bellbrook Rd, Loogootee, IN, 47553 uses $145,860 cash to close to unlock $5,464/yr annual cash flow and $455/mo monthly cash flow. Total monthly income runs $3,097/mo, and a $2,154/mo payment keeps the spread at $455/mo. Purchase price stands at $440,000, and rental yield measures 8.45% with $3,097/mo rent. Return on cash invested shows 23.66% in year one, and 5% annual appreciation builds toward $121,564 over five years. Five-year ROI reaches 122.71% and total cumulative return in cash records $178,978. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,097/mo property income covering a $2,154/mo payment rather than investor’s personal income.
Single Family
Built in 2018
0.71 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 47553, Loogootee, IN area.
| 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 |
Residential
3,405
Single Family
3,352
Multi-Family
53
Businesses
209
Date | Event | Price |
|---|---|---|
| 2025-07-25 | Sold | $440,000 |
| 2025-02-11 | Listed for sale | $459,900 |
| 2025-02-07 | Listing removed | $459,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-22 | $1521.82 | 5.25% | $306,800 | 7.50% |
| 2023-10-22 | $1445.88 | -6.19% | $285,400 | 10.07% |
| 2022-10-22 | $1541.22 | 12.84% | $259,300 | 9.00% |
Listed by: Megan Somers Glenn • RE/MAX Acclaimed Properties
Mls Name: IRMLS
Mls Provider:
Mls ID: #202504205
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.
