








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Investment property for sale in La Porte at 3072 E 400 S, La Porte, IN, 46350 uses $104,091 cash to close to unlock $6,684/yr annual cash flow and $557/mo monthly cash flow. Total monthly income runs $2,442/mo, and a $1,537/mo payment keeps the spread at $557/mo. Purchase price stands at $314,000, and rental yield measures 9.33% with $2,442/mo rent. Return on cash invested shows 26.33% in year one, and 5% annual appreciation builds toward $86,752 over five years. Five-year ROI reaches 137.01% and total cumulative return in cash records $142,611. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,442/mo property income covering a $1,537/mo payment rather than investor’s personal income.
Manufactured
Built in 1997
2 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 46350, La Porte, IN area.
| 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 |
Residential
18,446
Single Family
17,121
Multi-Family
1,325
Businesses
1,117
Date | Event | Price |
|---|---|---|
| 2025-04-04 | Listed for sale | $314,000 |
| 2002-08-02 | Sold | $103,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-06 | $1749.16 | -8.79% | $201,500 | 1.92% |
| 2023-04-06 | $1917.72 | 23.41% | $197,700 | 4.66% |
| 2022-04-06 | $1553.92 | 3.40% | $188,900 | 15.46% |



Listed by: Robin Umphrey • REMAX County Wide 1st
Mls Name: NIRA
Mls Provider:
Mls ID: #818562
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