24115 Sanes Creek Rd, Laurel, IN, 47024 | Equity Gain $3,517/yr

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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24115 Sanes Creek Rd, Laurel, IN, 47024 | Equity Gain $3,517/yr | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Laurel at 24115 Sanes Creek Rd, Laurel, IN, 47024 listed at $545,000 pairs $0/mo rent with a $2,668/mo payment. Total monthly income runs $0/mo. Return on cash invested measures -1.84% in year one, and rental yield registers 0% at a $545,000 basis. Equity gained on principal adds $3,517/yr, and annual property appreciation at 5% supports $150,573 by year five. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $0/mo property income relative to a $2,668/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Single Family

Built in 1998

52.18 Acres lot

$N/A/sqft

No HOA

More details about the property

Escape to your own private retreat with this 3-bedroom, 2-bath home set on 52 wooded acres in a quiet, natural setting. The property offers unmatched outdoor enjoyment with ATV and walking trails, three seasonal waterfalls, hunting opportunities, and even a 100-yard shooting range. The home features a spacious layout with a large open kitchen and dining area, appliances included (washer, dryer, stove, refrigerator, and dishwasher), and a convenient laundry room with utility sink. The living room is highlighted by French doors that open to a back deck overlooking the woods-perfect for relaxation or entertaining. The primary bedroom includes a full bath, while two additional bedrooms provide plenty of space for family or guests. The full walkout basement is unfinished and ready to be customized to your needs. Additional highlights include a fenced backyard, attached two-car garage, and a covered back deck to enjoy the peaceful surroundings. Practical updates include a 2-year-old roof, 2-year-old water heater, 10-year-old furnace and central air, heat pump, 10,000-gallon cistern with reverse osmosis water purification system, and thermal efficiency throughout. With endless recreational opportunities right outside your door and modern comfort inside, this property is the perfect blend of country living and convenience.

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