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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 Odon at 10343 E State Road 58, Odon, IN, 47562 offers a 8.52% rental yield on a $329,900 purchase with $2,342/mo rent. Total monthly income registers $2,342/mo, and a $1,615/mo payment leaves $361/mo available for distribution. Annual cash flow reaches $4,336/yr on $109,362 to close, and return on cash invested stands at 23.87% in year one. Equity gained on principal adds $2,129/yr while 5% annual appreciation supports $91,145 over five years. Portfolio math shows five-year ROI at 123.89% and total cumulative return in cash at $135,483. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,342/mo property income against a $1,615/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1940
0.95 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 47562, Odon, IN area.
| 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 |
Residential
1,785
Single Family
1,673
Multi-Family
112
Businesses
133
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Paula Potts • Century 21 Classic Realty
Mls Name: IRMLS
Mls ID: #202544885
