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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 La Fontaine at 7325 E State Road 218, La Fontaine, IN, 46940 listed at $369,900 pairs $2,609/mo rent with a $1,810/mo payment to leave $389/mo cash flow. Total monthly income runs $2,609/mo, and annual cash flow reaches $4,668/yr on $122,622 cash to close. Return on cash invested measures 23.72% in year one, and rental yield registers 8.46% at a $369,900 basis. Equity gained on principal adds $2,387/yr, and annual property appreciation at 5% supports $102,197 by year five. Five-year ROI tracks 123.05% and total cumulative return in cash totals $150,886. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,609/mo property income relative to a $1,810/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1870
7.97 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 46940, La Fontaine, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,145 (100%) |
| Owner Occupied HU | 847 (74.0%) |
| Renter Occupied HU | 172 (15.0%) |
| Vacant Housing Units | 126 (11.0%) |
| Median Home Value | $202,446 |
| Average Home Value | $244,976 |
Residential
934
Single Family
926
Multi-Family
8
Businesses
29
Date | Event | Price |
|---|---|---|
| 2025-05-07 | Listed for sale | $369,900 |
| 2020-10-05 | Sold | $265,000 |
| 2020-08-18 | Listed for sale | $265,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-05-08 | $2164.92 | 27.89% | $295,300 | 0.89% |
| 2023-05-08 | $1692.74 | 2.74% | $292,700 | 6.28% |
| 2022-05-08 | $1647.62 | 45.05% | $275,400 | 10.91% |
Listed by: Connie Zirkle • Moving Real Estate
Mls Name: IRMLS
Mls Provider:
Mls ID: #202516450
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.
