




A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Total monthly income runs $3,980/mo, and a $3,571/mo payment. Purchase price stands at $729,500, and rental yield measures 6.55% with $3,980/mo rent. Return on cash invested shows 18.06% in year one, and 5% annual appreciation builds toward $201,547 over five years. Five-year ROI reaches 92.66% and total cumulative return in cash records $222,397. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,980/mo property income covering a $3,571/mo payment rather than investor’s personal income.
Single Family
Built in 2003
22 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 47024, Laurel, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,293 (100%) |
| Owner Occupied HU | 965 (74.6%) |
| Renter Occupied HU | 191 (14.8%) |
| Vacant Housing Units | 137 (10.6%) |
| Median Home Value | $176,520 |
| Average Home Value | $223,956 |
Residential
1,004
Single Family
1,004
Multi-Family
0
Businesses
44
Date | Event | Price |
|---|---|---|
| 2025-03-06 | Price change | $729,500 |
| 2025-02-13 | Price change | $730,000 |
| 2025-01-08 | Price change | $735,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-24 | $2906.88 | -0.99% | $342,700 | 3.10% |
| 2023-04-24 | $2935.92 | 21.41% | $332,400 | 5.32% |
| 2022-04-24 | $2418.16 | 9.11% | $315,600 | 20.69% |



Listed by: Lana Detro • Ala Carte Realty
Mls Name: IRMLS
Mls Provider:
Mls ID: #202514116
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.