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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% |
Rental property for sale in Laurel at 25057 Us Highway 52, Laurel, IN, 47024 generates $1,602/mo in rent and, after a $1,121/mo payment, leaves $227/mo in cash flow. Total monthly income is $1,602/mo, and annual cash flow is $2,726/yr on $75,914 invested. Return on cash invested sits at 23.5% in year one, and rental yield is 8.39% on a $229,000 entry. Equity gained on principal adds $1,478/yr, while 5% annual appreciation builds toward $63,268 over five years. Five-year ROI reaches 121.9% and total cumulative return in cash sums $92,537. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,602/mo property income rather than buyer’s personal income.
Single Family
Built in 1927
1 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 |
|---|---|---|
| 2025-05-30 | Listed for sale | $229,000 |
| 2020-07-02 | Sold | $32,000 |
| 2019-07-01 | Listing removed | $65,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-06-02 | $804.60 | 5.57% | $54,000 | 4.05% |
| 2023-06-02 | $762.16 | 9.54% | $51,900 | 5.92% |
| 2022-06-02 | $695.80 | 4.52% | $49,000 | 14.22% |
Listed by: Georgia Green • Coldwell Banker Lingle
Mls Name: RLMS
Mls Provider:
Mls ID: #10051125
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.
