460 Main St, Lagro, IN, 46941 | $666/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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460 Main St, Lagro, IN, 46941 | $666/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Lagro at 460 Main St, Lagro, IN, 46941 earns $666/mo cash flow from $2,106/mo rent with a $1,174/mo payment. Total monthly income totals $2,106/mo, and annual cash flow totals $7,993/yr on $79,527 capital. ROI tracks 29.96% on current figures, and rental yield reads 10.53% at a $239,900 purchase. Equity gained on principal adds $1,548/yr, and 5% annual appreciation supports $66,280 over five years. Five-year ROI reaches 156.56% and total cumulative return in cash sums $124,507. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,106/mo property income instead of your personal income.

Single Family

Built in 1920

8,712 sqft lot

$N/A/sqft

No HOA

More details about the property

Gorgeous, Updated, and Move-In Ready! This spacious 4-bedroom, 3-full-bath home offers a great floor plan, plenty of room for everyone and has been beautifully rebuilt from top to bottom. Step inside and fall in love with the kitchenfeaturing stunning granite countertops, oak cabinetry, a large island, and a generous pantry area with tons of storage. All newer kitchen appliances are included, making it easy to move right in and start enjoying your new home! The open concept living room is huge, offering plenty of room for a large sectional and gatherings with family or friends. This home was completely rebuilt from the studs out but some updates include new vinyl plank flooring in main traffic areas, new carpet in bedrooms, new drywall, foam insulation on all exterior walls, PEX plumbing, electrical, ductwork, and fresh paint throughout. Both the upper and main-level floor joists have been replaced. The metal roof is only one year old, and the shingles still have plenty of life left. Enjoy the large yard and a newer storage shed for all your tools or storage! This home truly checks all the boxes and ready for its new owners to call it home!

Neighborhood Data

Neighborhood data shown for ZIP Code: 46941, Lagro, IN area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	511 (100%)
Owner Occupied HU	429 (84.0%)
Renter Occupied HU	39 ( 7.6%)
Vacant Housing Units	43 ( 8.4%)
Median Home Value	$296,591
Average Home Value	$362,523