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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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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 Fontaine at 3207 E 800 S, La Fontaine, IN, 46940 offers a 2.23% rental yield on a $599,000 purchase with $1,115/mo rent. 95% in year one. Equity gained on principal adds $3,865/yr while 5% annual appreciation supports $165,493 over five years. Portfolio math shows five-year ROI at 22.38% and total cumulative return in cash at $44,098. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,115/mo property income against a $2,932/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2023
13.45 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 46940, La Fontaine, IN area.
| 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 |
Residential
934
Single Family
926
Multi-Family
8
Businesses
29
Date | Event | Price |
|---|---|---|
| 2025-04-07 | Listed for sale | $599,000 |
| 2021-12-06 | Sold | $130,000 |
| 2021-11-10 | Pending sale | $155,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-09 | $1251.88 | 68.82% | $443,000 | 415.12% |
| 2023-04-09 | $741.54 | 10.72% | $86,000 | 30.90% |
| 2022-04-09 | $669.72 | -2.43% | $65,700 | 25.14% |
Listed by: Nick Driskill • Mossy Oak Properties/Indiana Land and Lifestyle
Mls Name: IRMLS
Mls Provider:
Mls ID: #202511609
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.
