11155 E 1625 N, Odon, IN, 47562 | $162/mo Cash Flow

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Monthly Cash Flow: 1 - 3k+

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11155 E 1625 N, Odon, IN, 47562 | $162/mo Cash Flow | Ziffy

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Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Odon at 11155 E 1625 N, Odon, IN, 47562 generates $3,337/mo in rent and, after a $2,589/mo payment, leaves $162/mo in cash flow. Total monthly income is $3,337/mo, and annual cash flow is $1,940/yr on $174,041 invested. Return on cash invested sits at 21.18% in year one, and rental yield is 7.57% on a $529,000 entry. Equity gained on principal adds $3,414/yr, while 5% annual appreciation builds toward $146,153 over five years. Five-year ROI reaches 109.36% and total cumulative return in cash sums $190,325. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,337/mo property income rather than buyer’s personal income.

Single Family

Built in 1998

6 Acres lot

$N/A/sqft

No HOA

More details about the property

We have a 4 bedroom 3 bath ranch home with a 2 car attached garage for sell on 6 acres in the country. Our home has a total of 3,584 square feet of living space, 1,792 on the main floor with a full finished walk-out basement. Our home was built in 1999. There is solid oak flooring inside the garage house door going from the laundry area through the kitchen to the dining area. The kitchen has oak, painted white, cabinets with granite counter tops and tiled backsplashes. Off of the dining room there is a spacious living room with a ventless gas fireplace insert. The main floor has 2 bedrooms, an office, and a guest bedroom and a guest bathroom. The primary bedroom comfortably fits a king size bed and has an on-suite bath with a free standing tub along with a walk-in glass shower. Downstairs has a large family/game room, 2 bedrooms, 1 full bath, utility room, and a storage/craft room. Outside the basement door is a large concrete pad as an additional play area. The home is heated and cooled with a geothermal with a ground loop system. Back-up heat source for the geothermal is an LP furnace. The home was constructed with 2x6 exterior walls on the main floor. The basement has 8 ft poured concrete walls that was studded off with 2x4s and insulated. The basement ceiling is a suspended 2 x 4 tiles. This leads to a floor to ceiling height of 7 5. We have 2 out buildings. One enclosed shed has electricity and water and the other is enclosed on 3 sides with electricity.

Neighborhood Data

Neighborhood data shown for ZIP Code: 47562, Odon, IN area.

Housing Distribution

Housing Statistics

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