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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 La Porte at 444 W 700 S, La Porte, IN, 46350 uses $123,981 cash to close to unlock $18,342/yr annual cash flow and $1,528/mo monthly cash flow. Total monthly income runs $3,774/mo, and a $1,831/mo payment keeps the spread at $1,528/mo. Purchase price stands at $374,000, and rental yield measures 12.11% with $3,774/mo rent. Return on cash invested shows 34.7% in year one, and 5% annual appreciation builds toward $103,329 over five years. Five-year ROI reaches 181.94% and total cumulative return in cash records $225,577. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,774/mo property income covering a $1,831/mo payment rather than investor’s personal income.
Single Family
Built in 1976
1.33 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 46350, La Porte, IN area.
| 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 |
Residential
18,446
Single Family
17,121
Multi-Family
1,325
Businesses
1,117
Date | Event | Price |
|---|---|---|
| 2025-07-18 | Sold | $374,000 |
| 2025-06-10 | Pending sale | $359,000 |
| 2025-06-05 | Listed for sale | $359,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-13 | $2270.76 | -3.70% | $251,100 | 2.24% |
| 2023-10-13 | $2358.00 | 7.14% | $245,600 | 5.36% |
| 2022-10-13 | $2200.92 | 3.31% | $233,100 | 7.77% |
Listed by: Terry McCaleb • Brokerworks Group
Mls Name: NIRA
Mls Provider:
Mls ID: #821565
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.
