2776 W Hogan AveLa 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 2776 W Hogan Ave, La Porte, IN, 46350 at $749,000 posts ROI 27.24% with $1,475/mo cash flow from $5,992/mo rent. Total monthly income equals $5,992/mo, and annual cash flow records $17,704/yr on $246,421 to close. Return on cash invested measures 27.24% and rental yield reads 9.6% at the current $749,000. Equity gained on principal adds $4,833/yr, and 5% annual appreciation supports $206,935 by year five. Five-year ROI prints 141.94% and total cumulative return in cash totals $349,780.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $5,992/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2007
1.09 Acres lot
$N/A/sqft
$246 annually 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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Listed by: Rita Beaty • Coldwell Banker 1st Choice
Mls Name: IRMLS
Mls Provider:
Mls ID: #202512864
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.