301 Niesen StLa 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 301 Niesen St, La Porte, IN, 46350 at $175,000 posts ROI 31.31% with $551/mo cash flow from $1,602/mo rent. Total monthly income equals $1,602/mo, and annual cash flow records $6,612/yr on $58,013 to close. Return on cash invested measures 31.31% and rental yield reads 10.99% at the current $175,000. Equity gained on principal adds $1,129/yr, and 5% annual appreciation supports $48,349 by year five. Five-year ROI prints 163.8% and total cumulative return in cash totals $95,023.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,602/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1929
9,200 sqft lot
$N/A/sqft
No 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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