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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 Hanover at 332 W Lagrange Road, Hanover, IN, 47243 at $204,900 posts ROI 22.47% with $145/mo cash flow from $1,375/mo rent. Total monthly income equals $1,375/mo, and annual cash flow records $1,739/yr on $67,924 to close. Return on cash invested measures 22.47% and rental yield reads 8.05% at the current $204,900. Equity gained on principal adds $1,322/yr, and 5% annual appreciation supports $56,610 by year five. Five-year ROI prints 116.32% and total cumulative return in cash totals $79,006.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,375/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1900
0.43 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 47243, Hanover, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,377 (100%) |
| Owner Occupied HU | 1,473 (62.0%) |
| Renter Occupied HU | 636 (26.8%) |
| Vacant Housing Units | 268 (11.3%) |
| Median Home Value | $218,782 |
| Average Home Value | $242,566 |
Residential
2,184
Single Family
2,153
Multi-Family
31
Businesses
96
Date | Event | Price |
|---|---|---|
| 2025-09-05 | Listed for sale | $204,900 |
| 2025-08-21 | Listing removed | $204,900 |
| 2025-08-13 | Price change | $204,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-09-08 | $1292.00 | 212.44% | $67,800 | 4.95% |
| 2023-09-08 | $413.52 | 0.26% | $64,600 | 1.89% |
| 2022-09-08 | $412.46 | 0.92% | $63,400 | 2.42% |
Listed by: John Demaree • F.C. Tucker/Scott Lynch Group
Mls Name: SIRA
Mls Provider:
Mls ID: #202509564
Disclaimer: IDX information is provided exclusively for consumers personal, noncommercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing data is deemed reliable but is not guaranteed accurate by the SIRA MLS.
