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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 Laurel at 22267 Us Highway 52, Laurel, IN, 47024 uses $143,506 cash to close to unlock $1,370/yr annual cash flow and $114/mo monthly cash flow. Total monthly income runs $2,713/mo, and a $2,119/mo payment keeps the spread at $114/mo. Purchase price stands at $432,900, and rental yield measures 7.52% with $2,713/mo rent. Return on cash invested shows 20.86% in year one, and 5% annual appreciation builds toward $119,602 over five years. Five-year ROI reaches 107.74% and total cumulative return in cash records $154,609. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,713/mo property income covering a $2,119/mo payment rather than investor’s personal income.
Single Family
Built in 2004
10 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 |
|---|---|---|
| 2024-09-03 | Price change | $432,900 |
| 2024-07-25 | Listed for sale | $442,900 |
| 2020-09-17 | Listing removed | $264,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-17 | $1955.28 | 26.42% | $289,200 | 7.15% |
| 2022-10-17 | $1546.60 | 9.15% | $269,900 | 19.58% |
| 2021-10-17 | $1417.00 | -22.53% | $225,700 | 1.44% |
Listed by: Chelsea Kieffner • CK Realty Homes
Mls Name: IRMLS
Mls Provider:
Mls ID: #202427856
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.
