4855 S 1000 ELaottoIN46763
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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
Rental property for sale in Laotto at 4855 S 1000 E, Laotto, IN, 46763 generates $1,310/mo in rent, after a $1,419/mo payment. Total monthly income is $1,310/mo. Return on cash invested sits at 14.54% in year one, and rental yield is 5.42% on a $290,000 entry. Equity gained on principal adds $1,871/yr, while 5% annual appreciation builds toward $80,122 over five years. Five-year ROI reaches 73.79% and total cumulative return in cash sums $70,936. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,310/mo property income rather than buyer’s personal income.
Manufactured
Built in 1998
3 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46763, Laotto, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 725 (100%) |
| Owner Occupied HU | 642 (88.6%) |
| Renter Occupied HU | 64 ( 8.8%) |
| Vacant Housing Units | 19 ( 2.6%) |
| Median Home Value | $277,397 |
| Average Home Value | $355,471 |
Housing Distribution
Address Breakdown
Residential
566
Single Family
566
Multi-Family
0
Businesses
51
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