334 Grayson RdLa PorteIN46350
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayMarkets with strong demand fundamentals often produce low-yield, high-appreciation assets. 334 Grayson Rd, La Porte, IN, 46350 in La Porte fits: $650,000, 2.79% gross yield, and a projected 5% annual appreciation rate adding $179,583 in value within five years. Rental yield 2.79%. The narrow rent-to-debt spread is the trade-off for market growth. Ziffy Mortgage's DSCR loan (0.52) finances non-U.S. buyers without personal income documentation; optimise coverage with a 30–35% down payment. $5,987/yr in principal paydown and $179,583 in appreciation project a total return of $92,159.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 2.8% | 7.0% |
| Monthly Cash Flow | $(2,390) | $350 |
City averages based on La Porte market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,512 |
| Total Monthly Debt Service | $3,643 |
| DSCR Ratio | 0.42x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1949
6,703 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46350, La Porte, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,583 (100%) |
| Owner Occupied HU | 13,201 (67.4%) |
| Renter Occupied HU | 4,824 (24.6%) |
| Vacant Housing Units | 1,558 ( 8.0%) |
| Median Home Value | $242,759 |
| Average Home Value | $281,363 |
Housing Distribution
Address Breakdown
Residential
18,446
Single Family
17,121
Multi-Family
1,325
Businesses
1,117
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 1949
6,703 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46350, La Porte, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,583 (100%) |
| Owner Occupied HU | 13,201 (67.4%) |
| Renter Occupied HU | 4,824 (24.6%) |
| Vacant Housing Units | 1,558 ( 8.0%) |
| Median Home Value | $242,759 |
| Average Home Value | $281,363 |
Housing Distribution
Address Breakdown
Residential
18,446
Single Family
17,121
Multi-Family
1,325
Businesses
1,117
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices