202 Genesse St, La Crosse, IN, 46348 | $267/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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202 Genesse St, La Crosse, IN, 46348 | $267/mo Cash Flow | Ziffy

For Sale

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 La Crosse at 202 Genesse St, La Crosse, IN, 46348 uses $44,056 cash to close to unlock $3,200/yr annual cash flow and $267/mo monthly cash flow. Total monthly income runs $1,064/mo, and a $650/mo payment keeps the spread at $267/mo. Purchase price stands at $132,900, and rental yield measures 9.61% with $1,064/mo rent. Return on cash invested shows 27.17% in year one, and 5% annual appreciation builds toward $36,718 over five years. Five-year ROI reaches 141.59% and total cumulative return in cash records $62,377. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,064/mo property income covering a $650/mo payment rather than investor’s personal income.

Single Family

Built in 1910

0.25 Acres lot

$N/A/sqft

No HOA

More details about the property

Come check out this affordable 23 bedroom, 1 bath home located in the heart of LaCrosse! This in-town property offers a bright and spacious living area with plenty of natural light and vinyl flooring throughout the main level. The kitchen is generously sized, with a convenient laundry and utility room nearby. Newer windows throughout the home provide efficiency and a refreshed look. The main floor also features a primary bedroom, while the upper level includes two additional bedrooms that perfect for family, guests, or a home office. Outside, enjoy a nice sized backyard with a fire pit and back deck that's ideal for relaxing, entertaining, or outdoor fun. A detached 2 car garage provides extra storage or workshop space. While this home does need a some TLC, it offers wonderful potential to be transformed into your perfect home. Conveniently located near local amenities with easy access to State Road 8 and U.S. 421, this property is a great opportunity for a first-time buyer, DIY enthusiast, or investor seeking a rental.

Neighborhood Data

Neighborhood data shown for ZIP Code: 46348, La Crosse, IN area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	457 (100%)
Owner Occupied HU	364 (79.6%)
Renter Occupied HU	60 (13.1%)
Vacant Housing Units	33 ( 7.2%)
Median Home Value	$199,219
Average Home Value	$243,922