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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 Lake Helmerich at 9401 S Lake Shore Ln, Lake Helmerich, IN, 47542 offers a 5.81% rental yield on a $550,000 purchase with $2,665/mo rent. 09% in year one. Equity gained on principal adds $3,549/yr while 5% annual appreciation supports $151,955 over five years. Portfolio math shows five-year ROI at 77% and total cumulative return in cash at $139,330. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,665/mo property income against a $2,692/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2008
0.84 Acres lot
$N/A/sqft
$1,350 annually HOA
Neighborhood data shown for ZIP Code: 47542, Huntingburg, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,220 (100%) |
| Owner Occupied HU | 2,943 (69.7%) |
| Renter Occupied HU | 1,039 (24.6%) |
| Vacant Housing Units | 238 ( 5.6%) |
| Median Home Value | $219,462 |
| Average Home Value | $269,048 |
Residential
4,197
Single Family
4,112
Multi-Family
85
Businesses
318
Date | Event | Price |
|---|---|---|
| 2025-04-02 | Listed for sale | $550,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-04-03 | $3765.96 | 16.38% | $398,500 | 7.27% |
| 2022-04-03 | $3236.00 | 5.79% | $371,500 | 13.78% |
| 2021-04-03 | $3059.00 | -1.00% | $326,500 | 5.77% |
What's Special
Pull Down Stairs
Listed by: Brenda Krempp • RE/MAX Local
Mls Name: IRMLS
Mls Provider:
Mls ID: #202510899
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.
