802 W Main St, La Crosse, IN, 46348 | $526/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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802 W Main St, La Crosse, IN, 46348 | $526/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in La Crosse at 802 W Main St, La Crosse, IN, 46348 priced at $249,900 pairs $2,026/mo rent with $526/mo cash flow after a $1,223/mo payment. Total monthly income equals $2,026/mo, and annual cash flow comes to $6,312/yr on $82,842 invested. Return on cash invested is 27.53% in year one, and rental yield stands at 9.73% on a $249,900 basis. Equity gained on principal adds $1,613/yr, and 5% annual appreciation accumulates to $69,043 by year five. Five-year ROI measures 143.51% and total cumulative return in cash reaches $118,886. For financing, Ziffy Mortgage’s DSCR program evaluates $2,026/mo property income against a $1,223/mo payment instead of your W2s, 1099s, or Tax returns.

Single Family

Built in 1910

1.59 Acres lot

$N/A/sqft

No HOA

More details about the property

This sweet, all updated farmhouse, sits on 1.5 acres with peaceful views all around! It has no close neighbors! A covered front porch that just needs a rocking chair! Great area in the backyard to garden, with peach and pear trees, a big shed and firepit! An oversized deck and patio! City sewer. No septic! The main floor has a lovely living room, bathroom, bonus area and a massive kitchen, more than enough cabinets and a huge pantry, with double windows above the sink that lets in lots of light from the south! Ample room for a large table! A shiplap wall when you enter from the back into a spacious mud area! 9 foot ceilings on the main floor! The elegant staircase leads you upstairs to 3 good sized bedrooms, with extra deep closets and a full bath! It has a great layout! The basement is clean and dry! All of the appliances are included, with front load washer and dryer! Designer lighting, trim and crown molding throughout!

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