23041 Us Highway 52LaurelIN47024
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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 Laurel at 23041 Us Highway 52, Laurel, IN, 47024 offers a 4.4% rental yield on a $1,099,999 purchase with $4,033/mo rent. 72% in year one. Equity gained on principal adds $7,098/yr while 5% annual appreciation supports $303,909 over five years. Portfolio math shows five-year ROI at 58.55% and total cumulative return in cash at $208,687. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,033/mo property income against a $5,384/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1994
80 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47024, Laurel, IN area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
1,004
Single Family
1,004
Multi-Family
0
Businesses
44
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