








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 Ossian at 10420 N State Road 1, Ossian, IN, 46777 listed at $264,900 pairs $2,077/mo rent with a $1,297/mo payment to leave $486/mo cash flow. Total monthly income runs $2,077/mo, and annual cash flow reaches $5,837/yr on $87,814 cash to close. Return on cash invested measures 26.56% in year one, and rental yield registers 9.41% at a $264,900 basis. Equity gained on principal adds $1,709/yr, and annual property appreciation at 5% supports $73,187 by year five. Five-year ROI tracks 138.27% and total cumulative return in cash totals $121,424. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,077/mo property income relative to a $1,297/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1958
0.55 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 46777, Ossian, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,731 (100%) |
| Owner Occupied HU | 2,141 (78.4%) |
| Renter Occupied HU | 428 (15.7%) |
| Vacant Housing Units | 162 ( 5.9%) |
| Median Home Value | $227,960 |
| Average Home Value | $267,226 |
Residential
2,606
Single Family
2,547
Multi-Family
59
Businesses
128
Date | Event | Price |
|---|---|---|
| 2025-04-18 | Sold | $264,900 |
| 2025-03-14 | Pending sale | $264,900 |
| 2025-03-11 | Listed for sale | $264,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: Nicholas Huffman • Steffen Group
Mls Name: IRMLS
Mls Provider:
Mls ID: #202507742
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.