309 N High StLagrangeIN46761
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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 Lagrange at 309 N High St, Lagrange, IN, 46761 at $135,000 posts ROI 44.35% with $911/mo cash flow from $1,722/mo rent. Total monthly income equals $1,722/mo, and annual cash flow records $10,936/yr on $44,753 to close. Return on cash invested measures 44.35% and rental yield reads 15.31% at the current $135,000. Equity gained on principal adds $871/yr, and 5% annual appreciation supports $37,298 by year five. Five-year ROI prints 233.71% and total cumulative return in cash totals $104,593.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,722/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1875
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46761, Lagrange, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,525 (100%) |
| Owner Occupied HU | 3,229 (71.4%) |
| Renter Occupied HU | 806 (17.8%) |
| Vacant Housing Units | 490 (10.8%) |
| Median Home Value | $277,128 |
| Average Home Value | $348,306 |
Housing Distribution
Address Breakdown
Residential
4,413
Single Family
4,350
Multi-Family
63
Businesses
341
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Listed by: Michael J Patka • Grogg Martin Realty
Mls Name: IRMLS
Mls Provider:
Mls ID: #202439021
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.