13762 Us Highway 231, Loogootee, IN, 47553 | $68/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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13762 Us Highway 231, Loogootee, IN, 47553 | $68/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Loogootee at 13762 Us Highway 231, Loogootee, IN, 47553 uses $99,119 cash to close to unlock $811/yr annual cash flow and $68/mo monthly cash flow. Total monthly income runs $1,862/mo, and a $1,463/mo payment keeps the spread at $68/mo. Purchase price stands at $299,000, and rental yield measures 7.47% with $1,862/mo rent. Return on cash invested shows 20.73% in year one, and 5% annual appreciation builds toward $82,608 over five years. Five-year ROI reaches 107% and total cumulative return in cash records $106,054. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,862/mo property income covering a $1,463/mo payment rather than investor’s personal income.

Single Family

Built in 1940

2 Acres lot

$N/A/sqft

No HOA

More details about the property

Welcome to your dream country oasis! This stunning 4-bedroom, 3-bath home offers 2,662 square feet of comfortable living space, perfectly situated on 2 acres of picturesque land, a 2 car detached garage, a large barn for your animals, and two large equipment pole buildings. Whether youre looking to escape the hustle and bustle or embrace a lifestyle surrounded by nature, this property is the definition of country living. Conveniently located just minutes from Loogootee and the Crane Naval Base, this property offers the perfect blend of rural tranquility and easy access to local amenities.

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