








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 Lagro at 310 Main St, Lagro, IN, 46941 at $251,000 posts ROI 27.28% with $511/mo cash flow from $2,018/mo rent. Total monthly income equals $2,018/mo, and annual cash flow records $6,130/yr on $83,207 to close. Return on cash invested measures 27.28% and rental yield reads 9.65% at the current $251,000. Equity gained on principal adds $1,620/yr, and 5% annual appreciation supports $69,347 by year five. Five-year ROI prints 142.11% and total cumulative return in cash totals $118,248.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,018/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2018
0.36 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 46941, Lagro, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 511 (100%) |
| Owner Occupied HU | 429 (84.0%) |
| Renter Occupied HU | 39 ( 7.6%) |
| Vacant Housing Units | 43 ( 8.4%) |
| Median Home Value | $296,591 |
| Average Home Value | $362,523 |
Residential
395
Single Family
395
Multi-Family
0
Businesses
23
Date | Event | Price |
|---|---|---|
| 2025-05-23 | Listed for sale | $251,000 |
| 2021-07-20 | Sold | $190,000 |
| 2021-07-10 | Pending sale | $190,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-05-24 | $1885.00 | -1.62% | $184,700 | -2.02% |
| 2023-05-24 | $1916.00 | 229.57% | $188,500 | -1.62% |
| 2022-05-24 | $581.36 | 13.54% | $191,600 | 119.22% |



What's Special
Pull Down Stairs,Storage
Listed by: Shawn Smiley • Trueblood Real Estate, LLC.
Mls Name: IRMLS
Mls Provider:
Mls ID: #202519152
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.