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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 Otwell at 10786 E State Road 56, Otwell, IN, 47564 listed at $264,900 pairs $2,647/mo rent with a $1,297/mo payment to leave $1,056/mo cash flow. Total monthly income runs $2,647/mo, and annual cash flow reaches $12,677/yr on $87,814 cash to close. Return on cash invested measures 34.34% in year one, and rental yield registers 11.99% 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 180.05% and total cumulative return in cash totals $158,108. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,647/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
2.06 Acres lot
$N/A/sqft
No HOA
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: Steve A Wigand • ERA FIRST ADVANTAGE REALTY, INC
Mls Name: IRMLS
Mls ID: #202540001
