216 B StLa PorteIN46350
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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 La Porte at 216 B St, La Porte, IN, 46350 at $284,900 posts ROI 23.76% with $303/mo cash flow from $2,013/mo rent. Total monthly income equals $2,013/mo, and annual cash flow records $3,639/yr on $94,444 to close. Return on cash invested measures 23.76% and rental yield reads 8.48% at the current $284,900. Equity gained on principal adds $1,838/yr, and 5% annual appreciation supports $78,713 by year five. Five-year ROI prints 123.28% and total cumulative return in cash totals $116,435.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,013/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1859
8,450 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46350, La Porte, IN area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
18,446
Single Family
17,121
Multi-Family
1,325
Businesses
1,117
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