301 W Main St, La Crosse, IN, 46348 | $660/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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301 W Main St, La Crosse, IN, 46348 | $660/mo Cash Flow | 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 La Crosse at 301 W Main St, La Crosse, IN, 46348 listed at $259,900 pairs $2,220/mo rent with a $1,272/mo payment to leave $660/mo cash flow. Total monthly income runs $2,220/mo, and annual cash flow reaches $7,919/yr on $86,157 cash to close. Return on cash invested measures 29.1% in year one, and rental yield registers 10.25% at a $259,900 basis. Equity gained on principal adds $1,677/yr, and annual property appreciation at 5% supports $71,806 by year five. Five-year ROI tracks 151.88% and total cumulative return in cash totals $130,858. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,220/mo property income relative to a $1,272/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Single Family

Built in 1910

0.27 Acres lot

$N/A/sqft

No HOA

More details about the property

Welcome home! Better than new, this 3 bedroom 1 1/2 story home has been completely remodeled. The main level has beautiful wood flooring that flows throughout the living room, dining space and kitchen. The kitchen features ample cabinets and butcher block countertops with appliances already installed for you. The main floor primary bedroom has a walk in closet, and attached 3/4 bathroom. There is also a 1/2 bath and the huge laundry room that has plenty of room for laundry, mud room, and extra kitchen storage without feeling cluttered. Upstairs there are 2 generous sized bedrooms, a full hallway bath, and a loft space that will be perfect for an office/gaming space. The covered front porch will be perfect for sitting and watching the world go by. There is a 1 car detached garage and let's not forget about the pole barn! Measuring 32' x 42' with 13' ceiling and 3 overhead doors. Plenty of room for you and all your things!

Neighborhood Data

Neighborhood data shown for ZIP Code: 46348, La Crosse, IN area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	457 (100%)
Owner Occupied HU	364 (79.6%)
Renter Occupied HU	60 (13.1%)
Vacant Housing Units	33 ( 7.2%)
Median Home Value	$199,219
Average Home Value	$243,922