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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 La Fontaine at 202 S Main St, La Fontaine, IN, 46940 uses $72,897 cash to close to unlock $7,418/yr annual cash flow and $618/mo monthly cash flow. Total monthly income runs $1,970/mo, and a $1,076/mo payment keeps the spread at $618/mo. Purchase price stands at $219,900, and rental yield measures 10.75% with $1,970/mo rent. Return on cash invested shows 30.09% in year one, and 5% annual appreciation builds toward $60,754 over five years. Five-year ROI reaches 157.41% and total cumulative return in cash records $114,748. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,970/mo property income covering a $1,076/mo payment rather than investor’s personal income.
Single Family
Built in 2011
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 46940, La Fontaine, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,145 (100%) |
| Owner Occupied HU | 847 (74.0%) |
| Renter Occupied HU | 172 (15.0%) |
| Vacant Housing Units | 126 (11.0%) |
| Median Home Value | $202,446 |
| Average Home Value | $244,976 |
Residential
934
Single Family
926
Multi-Family
8
Businesses
29
Date | Event | Price |
|---|---|---|
| 2025-03-21 | Listed for sale | $219,900 |
| 2024-08-15 | Sold | $199,900 |
| 2024-08-13 | Pending sale | $199,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-03-24 | $2209.10 | 3.50% | $108,000 | -2.17% |
| 2023-03-24 | $2134.44 | 13.72% | $110,400 | 3.47% |
| 2022-03-24 | $1876.96 | 4.68% | $106,700 | 13.75% |
What's Special
Pull Down Stairs
Listed by: Connie Zirkle • Moving Real Estate
Mls Name: IRMLS
Mls Provider:
Mls ID: #202509319
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.
