1011 S Shook StreetOsgoodIN47037
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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 Osgood at 1011 S Shook Street, Osgood, IN, 47037 uses $46,377 cash to close to unlock $2,987/yr annual cash flow and $249/mo monthly cash flow. Total monthly income runs $1,089/mo, and a $685/mo payment keeps the spread at $249/mo. Purchase price stands at $139,900, and rental yield measures 9.34% with $1,089/mo rent. Return on cash invested shows 26.35% in year one, and 5% annual appreciation builds toward $38,652 over five years. Five-year ROI reaches 137.14% and total cumulative return in cash records $63,603. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,089/mo property income covering a $685/mo payment rather than investor’s personal income.
Single Family
Built in 1996
0.91 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47037, Osgood, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,859 (100%) |
| Owner Occupied HU | 1,276 (68.6%) |
| Renter Occupied HU | 415 (22.3%) |
| Vacant Housing Units | 168 ( 9.0%) |
| Median Home Value | $261,161 |
| Average Home Value | $300,121 |
Housing Distribution
Address Breakdown
Residential
1,704
Single Family
1,668
Multi-Family
36
Businesses
105
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