404 E 14th StLa PorteIN46350
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
Investment Highlights
Investment property for sale in La Porte at 404 E 14th St, La Porte, IN, 46350 uses $51,349 cash to close to unlock $5,397/yr annual cash flow and $450/mo monthly cash flow. Total monthly income runs $1,408/mo, and a $758/mo payment keeps the spread at $450/mo. Purchase price stands at $154,900, and rental yield measures 10.91% with $1,408/mo rent. Return on cash invested shows 30.42% in year one, and 5% annual appreciation builds toward $42,796 over five years. Five-year ROI reaches 159.21% and total cumulative return in cash records $81,752. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,408/mo property income covering a $758/mo payment rather than investor’s personal income.
Single Family
Built in 1952
4,900 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
Listed by: Meghan Maddox • MTM Realty Group
Mls Name: NIRA
Mls Provider:
Mls ID: #827702
Disclaimer: Copyright 2025 MuItiple Listing Service of the Northwest Indiana REALTORS Association, Inc. All rights reserved. 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.