101 S Oak StWest LebanonIN47991
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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 West Lebanon at 101 S Oak St, West Lebanon, IN, 47991 offers a 9.05% rental yield on a $170,000 purchase with $1,282/mo rent. Total monthly income registers $1,282/mo, and a $832/mo payment leaves $262/mo available for distribution. Annual cash flow reaches $3,139/yr on $56,355 to close, and return on cash invested stands at 25.48% in year one. Equity gained on principal adds $1,097/yr while 5% annual appreciation supports $46,968 over five years. Portfolio math shows five-year ROI at 132.48% and total cumulative return in cash at $74,661. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,282/mo property income against a $832/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1973
0.75 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47991, West Lebanon, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 424 (100%) |
| Owner Occupied HU | 302 (71.2%) |
| Renter Occupied HU | 83 (19.6%) |
| Vacant Housing Units | 39 ( 9.2%) |
| Median Home Value | $167,143 |
| Average Home Value | $204,743 |
Housing Distribution
Address Breakdown
Residential
330
Single Family
330
Multi-Family
0
Businesses
28
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Listed by: Ellen Hurst • Bender & Associates RE LLC
Mls Name: IRMLS
Mls ID: #202542370