11081 N Old 41OaktownIN47561
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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
Investment property for sale in Oaktown at 11081 N Old 41, Oaktown, IN, 47561 offers a 9.11% rental yield on a $129,900 purchase with $986/mo rent. Total monthly income registers $986/mo, and a $636/mo payment leaves $206/mo available for distribution. Annual cash flow reaches $2,472/yr on $43,062 to close, and return on cash invested stands at 25.65% in year one. Equity gained on principal adds $838/yr while 5% annual appreciation supports $35,889 over five years. Portfolio math shows five-year ROI at 133.5% and total cumulative return in cash at $57,487. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $986/mo property income against a $636/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1900
0.92 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47561, Oaktown, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 680 (100%) |
| Owner Occupied HU | 430 (63.2%) |
| Renter Occupied HU | 103 (15.1%) |
| Vacant Housing Units | 147 (21.6%) |
| Median Home Value | $178,693 |
| Average Home Value | $187,640 |
Housing Distribution
Address Breakdown
Residential
451
Single Family
451
Multi-Family
0
Businesses
37
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