60 S 100 ELagrangeIN46761
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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 Lagrange at 60 S 100 E, Lagrange, IN, 46761 listed at $231,000 pairs $1,318/mo rent with a $1,131/mo payment. Total monthly income runs $1,318/mo. Return on cash invested measures 18.83% in year one, and rental yield registers 6.85% at a $231,000 basis. Equity gained on principal adds $1,491/yr, and annual property appreciation at 5% supports $63,821 by year five. Five-year ROI tracks 96.78% and total cumulative return in cash totals $74,109. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,318/mo property income relative to a $1,131/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Manufactured
Built in 1997
1.07 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46761, Lagrange, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,525 (100%) |
| Owner Occupied HU | 3,229 (71.4%) |
| Renter Occupied HU | 806 (17.8%) |
| Vacant Housing Units | 490 (10.8%) |
| Median Home Value | $277,128 |
| Average Home Value | $348,306 |
Housing Distribution
Address Breakdown
Residential
4,413
Single Family
4,350
Multi-Family
63
Businesses
341
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Listed by: Denise Scott • Lewis & Lambright Inc
Mls Name: IRMLS
Mls Provider:
Mls ID: #202516224
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.