102 Jack CtOdonIN47562
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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
Rental property for sale in Odon at 102 Jack Ct, Odon, IN, 47562 offers $1,441/mo rent that, after a $1,172/mo payment, leaves $4/mo cash flow. Total monthly income is $1,441/mo, and annual cash flow is $43/yr on $79,394 cash. Return on cash invested measures 19.96% in year one, and rental yield stands at 7.22% at a $239,500 entry. Equity gained on principal adds $1,545/yr while 5% annual appreciation compounds into $66,169 by year five. Five-year ROI records 102.92% and total cumulative return in cash reaches $81,709. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,441/mo property income versus a $1,172/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1976
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47562, Odon, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,799 (100%) |
| Owner Occupied HU | 1,335 (74.2%) |
| Renter Occupied HU | 354 (19.7%) |
| Vacant Housing Units | 110 ( 6.1%) |
| Median Home Value | $238,010 |
| Average Home Value | $260,268 |
Housing Distribution
Address Breakdown
Residential
1,785
Single Family
1,673
Multi-Family
112
Businesses
133
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