150 W Lake StLaketonIN46943
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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 Laketon at 150 W Lake St, Laketon, IN, 46943 listed at $104,900 pairs $798/mo rent with a $513/mo payment to leave $169/mo cash flow. Total monthly income runs $798/mo, and annual cash flow reaches $2,025/yr on $34,774 cash to close. Return on cash invested measures 25.73% in year one, and rental yield registers 9.13% at a $104,900 basis. Equity gained on principal adds $677/yr, and annual property appreciation at 5% supports $28,982 by year five. Five-year ROI tracks 133.88% and total cumulative return in cash totals $46,554. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $798/mo property income relative to a $513/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1910
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46943, Laketon, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 103 (100%) |
| Owner Occupied HU | 76 (73.8%) |
| Renter Occupied HU | 15 (14.6%) |
| Vacant Housing Units | 12 (11.7%) |
| Median Home Value | $270,000 |
| Average Home Value | $347,895 |
Housing Distribution
Address Breakdown
Residential
96
Single Family
96
Multi-Family
0
Businesses
10
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Listed by: Keli Cordill • Tri Oaks Realty
Mls Name: IRMLS
Mls Provider:
Mls ID: #202520729
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