4238 W Johnson RdLa PorteIN46350
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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 4238 W Johnson Rd, La Porte, IN, 46350 listed at $814,300 pairs $6,922/mo rent with a $3,986/mo payment to leave $2,033/mo cash flow. Total monthly income runs $6,922/mo, and annual cash flow reaches $24,402/yr on $267,905 cash to close. Return on cash invested measures 29.17% in year one, and rental yield registers 10.2% at a $814,300 basis. Equity gained on principal adds $5,255/yr, and annual property appreciation at 5% supports $224,976 by year five. Five-year ROI tracks 152.22% and total cumulative return in cash totals $407,805. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $6,922/mo property income relative to a $3,986/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1996
5.73 Acres 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
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