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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% |
Rental property for sale in Loogootee at 404 Sheridan St, Loogootee, IN, 47553 priced at $115,000 pairs $1,229/mo rent with $488/mo cash flow after a $563/mo payment. Total monthly income equals $1,229/mo, and annual cash flow comes to $5,853/yr on $38,123 invested. Return on cash invested is 35.26% in year one, and rental yield stands at 12.82% on a $115,000 basis. Equity gained on principal adds $742/yr, and 5% annual appreciation accumulates to $31,772 by year five. Five-year ROI measures 185.55% and total cumulative return in cash reaches $70,737. For financing, Ziffy Mortgage’s DSCR program evaluates $1,229/mo property income against a $563/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1900
5,270 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 |
|---|---|---|
| 2025-01-03 | Sold | $115,000 |
| 2024-11-20 | Pending sale | $150,000 |
| 2024-09-20 | Price change | $150,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-22 | $1564.00 | 5.96% | $84,800 | 8.44% |
| 2023-10-22 | $1476.00 | 63.64% | $78,200 | 5.96% |
| 2022-10-22 | $902.00 | 4.88% | $73,800 | 63.64% |
Listed by: Jim Brinson • Century 21 Classic Realty
Mls Name: IRMLS
Mls Provider:
Mls ID: #202432355
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.
