3192 E 800 S #2, La Fontaine, IN, 46940 | 4.77% Rental Yield

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3192 E 800 S #2, La Fontaine, IN, 46940 | 4.77% Rental Yield | 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 Fontaine at 3192 E 800 S #2, La Fontaine, IN, 46940 listed at $425,000 pairs $1,688/mo rent with a $2,080/mo payment. Total monthly income runs $1,688/mo. Return on cash invested measures 12.56% in year one, and rental yield registers 4.77% at a $425,000 basis. Equity gained on principal adds $2,742/yr, and annual property appreciation at 5% supports $117,420 by year five. Five-year ROI tracks 63.17% and total cumulative return in cash totals $88,997. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,688/mo property income relative to a $2,080/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Single Family

Built in 1910

1 Acres lot

$N/A/sqft

No HOA

More details about the property

Charming Country Home on 1+ acre with 40x60 Pole Barn! Nestled at the end of a long country lane, this inviting 4-bedroom, 2-bath home offers peaceful rural living with plenty of space to spread out. A welcoming open front porch sets the tone as you enter. The main level features a spacious kitchen with walk-in pantry, a formal dining room with built-in china cabinet, and a dedicated office with built-in cabinetry. A convenient laundry/mudroom with sink provides everyday functionality and extra storage. Upstairs, youll find four generously sized bedrooms, a full bath, and beautiful hardwood floors throughout. The home also includes a full unfinished basement, perfect for storage or future expansion. Outside, the property shines with a 40' x 60' pole barn featuring a concrete floor, framed office, two overhead doors, and a man doorideal for hobbies, equipment, or a home business. A detached 2-car garage offers additional parking and storage. Enjoy country serenity with the amenities you need, all on over an acre of land. Move-in ready and full of characterthis one wont last long!

Neighborhood Data

Neighborhood data shown for ZIP Code: 46940, La Fontaine, IN area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	1,145 (100%)
Owner Occupied HU	847 (74.0%)
Renter Occupied HU	172 (15.0%)
Vacant Housing Units	126 (11.0%)
Median Home Value	$202,446
Average Home Value	$244,976