103 E Peterson StOtterbeinIN47970
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
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 Otterbein at 103 E Peterson St, Otterbein, IN, 47970 offers $0/mo rent that, after a $1,272/mo payment. Total monthly income is $0/mo. Return on cash invested measures -1.82% in year one, and rental yield stands at 0% at a $259,900 entry. Equity gained on principal adds $1,677/yr while 5% annual appreciation compounds into $71,806 by year five. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $0/mo property income versus a $1,272/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1900
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47970, Otterbein, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 749 (100%) |
| Owner Occupied HU | 519 (69.3%) |
| Renter Occupied HU | 153 (20.4%) |
| Vacant Housing Units | 77 (10.3%) |
| Median Home Value | $211,735 |
| Average Home Value | $255,217 |
Housing Distribution
Address Breakdown
Residential
572
Single Family
572
Multi-Family
0
Businesses
46
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices