








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 Sheridan St, Loogootee, IN, 47553 earns $629/mo cash flow from $1,352/mo rent with a $563/mo payment. Total monthly income totals $1,352/mo, and annual cash flow totals $7,553/yr on $38,123 capital. ROI tracks 39.72% on current figures, and rental yield reads 14.11% at a $115,000 purchase. Equity gained on principal adds $742/yr, and 5% annual appreciation supports $31,772 over five years. Five-year ROI reaches 209.26% and total cumulative return in cash sums $79,773. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,352/mo property income instead of your personal income.
Single Family
Built in 1972
4,791 sqft 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 |
|---|---|---|
| 2025-05-23 | Listed for sale | $115,000 |
| 2024-11-27 | Listing removed | $150,000 |
| 2024-09-20 | Price change | $150,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-05-25 | $1340.00 | -2.05% | $72,700 | 8.51% |
| 2023-05-25 | $1368.00 | 14.00% | $67,000 | -2.05% |
| 2022-05-25 | $1200.00 | 4.90% | $68,400 | 14.00% |



Listed by: Shelley R Brinson • Century 21 Classic Realty
Mls Name: IRMLS
Mls Provider:
Mls ID: #202519183
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.