1395 E 75 NLagrangeIN46761
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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 Lagrange at 1395 E 75 N, Lagrange, IN, 46761 listed at $524,000 pairs $3,744/mo rent with a $2,565/mo payment to leave $598/mo cash flow. Total monthly income runs $3,744/mo, and annual cash flow reaches $7,179/yr on $172,396 cash to close. Return on cash invested measures 24.22% in year one, and rental yield registers 8.57% at a $524,000 basis. Equity gained on principal adds $3,381/yr, and annual property appreciation at 5% supports $144,772 by year five. Five-year ROI tracks 125.72% and total cumulative return in cash totals $216,739. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,744/mo property income relative to a $2,565/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2000
1.36 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46761, Lagrange, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,525 (100%) |
| Owner Occupied HU | 3,229 (71.4%) |
| Renter Occupied HU | 806 (17.8%) |
| Vacant Housing Units | 490 (10.8%) |
| Median Home Value | $277,128 |
| Average Home Value | $348,306 |
Housing Distribution
Address Breakdown
Residential
4,413
Single Family
4,350
Multi-Family
63
Businesses
341
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Listed by: Linda Mynhier • RE/MAX Results - Angola office
Mls Name: IRMLS
Mls Provider:
Mls ID: #202518820
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