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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 Porte at 2108 K St, La Porte, IN, 46350 listed at $189,900 pairs $1,712/mo rent with a $929/mo payment to leave $573/mo cash flow. Total monthly income runs $1,712/mo, and annual cash flow reaches $6,870/yr on $62,952 cash to close. Return on cash invested measures 30.82% in year one, and rental yield registers 10.82% at a $189,900 basis. Equity gained on principal adds $1,225/yr, and annual property appreciation at 5% supports $52,466 by year five. Five-year ROI tracks 161.16% and total cumulative return in cash totals $101,453. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,712/mo property income relative to a $929/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1949
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 46350, La Porte, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,583 (100%) |
| Owner Occupied HU | 13,201 (67.4%) |
| Renter Occupied HU | 4,824 (24.6%) |
| Vacant Housing Units | 1,558 ( 8.0%) |
| Median Home Value | $242,759 |
| Average Home Value | $281,363 |
Residential
18,446
Single Family
17,121
Multi-Family
1,325
Businesses
1,117
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Robin Umphrey • REMAX County Wide 1st
Mls Name: NIRA
Mls ID: #830383
