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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% |
Rental property for sale in Loogootee at 1767 Day Rd, Loogootee, IN, 47553 priced at $489,000 pairs $2,978/mo rent with $43/mo cash flow after a $2,393/mo payment. Total monthly income equals $2,978/mo, and annual cash flow comes to $516/yr on $162,104 invested. Return on cash invested is 20.23% in year one, and rental yield stands at 7.31% on a $489,000 basis. Equity gained on principal adds $3,155/yr, and 5% annual appreciation accumulates to $135,102 by year five. Five-year ROI measures 104.32% and total cumulative return in cash reaches $169,114. For financing, Ziffy Mortgage’s DSCR program evaluates $2,978/mo property income against a $2,393/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1984
9 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 47553, Loogootee, IN area.
| 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 |
Residential
3,405
Single Family
3,352
Multi-Family
53
Businesses
209
Date | Event | Price |
|---|---|---|
| 2025-04-15 | Listed for sale | $489,000 |
| 2022-05-24 | Sold | $357,000 |
| 2022-04-18 | Pending sale | $369,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-04-16 | $1992.70 | 3.21% | $331,400 | 4.71% |
| 2022-04-16 | $1930.78 | 79.53% | $316,500 | 15.51% |
| 2021-04-16 | $1075.48 | 17.14% | $274,000 | 22.81% |
Listed by: Chris Craig • Home & Harvest Properties LLC
Mls Name: IRMLS
Mls Provider:
Mls ID: #202512861
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
