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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 Laurel at 14130 Quarry Rd, Laurel, IN, 47024 earns from $3,575/mo rent with a $3,177/mo payment. Total monthly income totals $3,575/mo. ROI tracks 18.25% on current figures, and rental yield reads 6.61% at a $649,000 purchase. Equity gained on principal adds $4,188/yr, and 5% annual appreciation supports $179,307 over five years. Five-year ROI reaches 93.69% and total cumulative return in cash sums $200,052. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,575/mo property income instead of your personal income.
Single Family
Built in 2000
27 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 47024, Laurel, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,293 (100%) |
| Owner Occupied HU | 965 (74.6%) |
| Renter Occupied HU | 191 (14.8%) |
| Vacant Housing Units | 137 (10.6%) |
| Median Home Value | $176,520 |
| Average Home Value | $223,956 |
Residential
1,004
Single Family
1,004
Multi-Family
0
Businesses
44
Date | Event | Price |
|---|---|---|
| 2025-03-12 | Listed for sale | $649,000 |
| 2025-03-12 | Listing removed | $675,000 |
| 2024-12-23 | Price change | $675,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-03-14 | $2072.76 | 5.18% | $273,500 | 4.19% |
| 2023-03-14 | $1970.60 | 15.90% | $262,500 | 9.74% |
| 2022-03-14 | $1700.32 | 7.53% | $239,200 | 16.91% |
What's Special
Access Only
Listed by: Valerie Fields • Exodus Realty
Mls Name: MIBOR as distributed by MLS GRID
Mls Provider:
Mls ID: #22026413
Disclaimer: Based on information submitted to the MLS GRID as of 2025-03-14 08:23:18 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. [Click here for more information](/mls-disclaimers/#48)
