214 W Steuben StLagrangeIN46761
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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
Investment Highlights
Investment property for sale in Lagrange at 214 W Steuben St, Lagrange, IN, 46761 earns $421/mo cash flow from $1,771/mo rent with a $1,101/mo payment. Total monthly income totals $1,771/mo, and annual cash flow totals $5,047/yr on $74,588 capital. ROI tracks 26.68% on current figures, and rental yield reads 9.45% at a $225,000 purchase. Equity gained on principal adds $1,452/yr, and 5% annual appreciation supports $62,163 over five years. Five-year ROI reaches 138.9% and total cumulative return in cash sums $103,605. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,771/mo property income instead of your personal income.
Single Family
Built in 1900
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46761, Lagrange, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,525 (100%) |
| Owner Occupied HU | 3,229 (71.4%) |
| Renter Occupied HU | 806 (17.8%) |
| Vacant Housing Units | 490 (10.8%) |
| Median Home Value | $277,128 |
| Average Home Value | $348,306 |
Housing Distribution
Address Breakdown
Residential
4,413
Single Family
4,350
Multi-Family
63
Businesses
341
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Listed by: Patty Seutter • Century 21 Bradley Realty, Inc
Mls Name: IRMLS
Mls Provider:
Mls ID: #202433549
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.