1559 Scenic Hill Rd, Loogootee, IN, 47553 | $307/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

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1559 Scenic Hill Rd, Loogootee, IN, 47553 | $307/mo Cash Flow | Ziffy

For Sale

Fix & Flip

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 1559 Scenic Hill Rd, Loogootee, IN, 47553 earns $307/mo cash flow from $1,294/mo rent with a $805/mo payment. Total monthly income totals $1,294/mo, and annual cash flow totals $3,680/yr on $54,532 capital. ROI tracks 26.66% on current figures, and rental yield reads 9.44% at a $164,500 purchase. Equity gained on principal adds $1,061/yr, and 5% annual appreciation supports $45,448 over five years. Five-year ROI reaches 138.81% and total cumulative return in cash sums $75,694. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,294/mo property income instead of your personal income.

Single Family

Built in 1943

2.50 Acres lot

$N/A/sqft

No HOA

More details about the property

This 3 bedroom, 2.5 bath home sits on a spacious 2.5 acre lot +/- and includes a detached garage, offering plenty of potential both inside and out. Located just beyond the city limits, the property benefits from city utilities while still providing a country-like setting. The home is in need of some TLC and is being sold AS-IS, making it a great opportunity for investors, flippers, or buyers looking to renovate and make it their own. With room to grow and a lovely setting, this property has the foundation to become something special.

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