601 E Main StLa CrosseIN46348
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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 La Crosse at 601 E Main St, La Crosse, IN, 46348 at $249,900 posts ROI 24.4% with $310/mo cash flow from $1,810/mo rent. Total monthly income equals $1,810/mo, and annual cash flow records $3,720/yr on $82,842 to close. Return on cash invested measures 24.4% and rental yield reads 8.69% at the current $249,900. Equity gained on principal adds $1,613/yr, and 5% annual appreciation supports $69,043 by year five. Five-year ROI prints 126.74% and total cumulative return in cash totals $104,990.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,810/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1949
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46348, La Crosse, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 457 (100%) |
| Owner Occupied HU | 364 (79.6%) |
| Renter Occupied HU | 60 (13.1%) |
| Vacant Housing Units | 33 ( 7.2%) |
| Median Home Value | $199,219 |
| Average Home Value | $243,922 |
Housing Distribution
Address Breakdown
Residential
374
Single Family
374
Multi-Family
0
Businesses
21
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