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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 Loogootee at 402 N Kentucky Ave, Loogootee, IN, 47553 uses $83,704 cash to close to unlock $3,350/yr annual cash flow and $279/mo monthly cash flow. Total monthly income runs $1,795/mo, and a $1,236/mo payment keeps the spread at $279/mo. Purchase price stands at $252,500, and rental yield measures 8.53% with $1,795/mo rent. Return on cash invested shows 23.91% in year one, and 5% annual appreciation builds toward $69,761 over five years. Five-year ROI reaches 124.11% and total cumulative return in cash records $103,887. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,795/mo property income covering a $1,236/mo payment rather than investor’s personal income.
Single Family
Built in 1950
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 47553, Loogootee, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,625 (100%) |
| Owner Occupied HU | 2,637 (72.7%) |
| Renter Occupied HU | 680 (18.8%) |
| Vacant Housing Units | 308 ( 8.5%) |
| Median Home Value | $232,260 |
| Average Home Value | $253,015 |
Residential
3,405
Single Family
3,352
Multi-Family
53
Businesses
209
Date | Event | Price |
|---|---|---|
| 2025-09-08 | Listing removed | $339,000 |
| 2025-04-21 | Price change | $339,000 |
| 2025-03-08 | Price change | $349,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-22 | $1845.80 | -0.82% | $252,500 | 6.18% |
| 2023-10-22 | $1861.04 | 5.40% | $237,800 | 5.74% |
| 2022-10-22 | $1765.70 | 11.77% | $224,900 | 14.74% |
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A
