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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 Lagro at 5620 E 250 S, Lagro, IN, 46941 listed at $450,000 pairs $3,186/mo rent with a $2,203/mo payment to leave $484/mo cash flow. Total monthly income runs $3,186/mo, and annual cash flow reaches $5,811/yr on $149,175 cash to close. Return on cash invested measures 23.8% in year one, and rental yield registers 8.5% at a $450,000 basis. Equity gained on principal adds $2,904/yr, and annual property appreciation at 5% supports $124,327 by year five. Five-year ROI tracks 123.51% and total cumulative return in cash totals $184,242. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,186/mo property income relative to a $2,203/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1989
10.58 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 46941, Lagro, IN area.
| 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 |
Residential
395
Single Family
395
Multi-Family
0
Businesses
23
Date | Event | Price |
|---|---|---|
| 2025-08-18 | Sold | $450,000 |
| 2025-07-01 | Price change | $499,000 |
| 2025-06-06 | Price change | $525,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-11-02 | $2084.02 | 27.33% | $284,600 | 3.34% |
| 2023-11-02 | $1636.68 | 6.14% | $275,400 | 8.98% |
| 2022-11-02 | $1542.02 | 9.52% | $252,700 | 14.14% |
Listed by: Chauntell Adlam • Ness Bros. Realtors & Auctioneers
Mls Name: IRMLS
Mls Provider:
Mls ID: #202513058
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.
