Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
Loading Maps & Overview...
Loading Calculator...
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 Ligonier at 806 Water St, Ligonier, IN, 46767 with 5% annual appreciation on a $158,000 basis while $1,736/mo rent supports operations. Total monthly income totals $1,736/mo and a $773/mo payment preserves $788/mo for cash returns. Annual cash flow comes to $9,455/yr on $52,377 deployed, and return on cash invested reaches 37.96% in year one. Equity gained on principal adds $1,020/yr, and five-year appreciation sums $43,652 alongside rental yield of 13.18%. Five-year ROI measures 199.41% and total cumulative return in cash totals $104,446.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,736/mo property income versus a $773/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1900
0.70 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 46767, Ligonier, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,129 (100%) |
| Owner Occupied HU | 2,054 (65.6%) |
| Renter Occupied HU | 787 (25.2%) |
| Vacant Housing Units | 288 ( 9.2%) |
| Median Home Value | $234,753 |
| Average Home Value | $277,471 |
Residential
2,897
Single Family
2,811
Multi-Family
86
Businesses
222
Date | Event | Price |
|---|---|---|
| 2025-06-20 | Sold | $158,000 |
| 2025-03-01 | Listed for sale | $179,900 |
| 2025-01-06 | Listing removed | $209,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-11-01 | $582.28 | 2.00% | $201,500 | 5.83% |
| 2023-11-01 | $570.88 | 2.00% | $190,400 | 3.76% |
| 2022-11-01 | $559.68 | 2.00% | $183,500 | 17.93% |
Listed by: Michael Howard • Hosler Realty Inc - Kendallville
Mls Name: IRMLS
Mls Provider:
Mls ID: #202506428
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.
