114 E Main St, Odon, IN, 47562 | $1,589/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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114 E Main St, Odon, IN, 47562 | $1,589/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 114 E Main St, Odon, IN, 47562 offers $2,340/mo rent that, after a $612/mo payment, leaves $1,589/mo cash flow. Total monthly income is $2,340/mo, and annual cash flow is $19,074/yr on $41,438 cash. Return on cash invested measures 65.94% in year one, and rental yield stands at 22.46% at a $125,000 entry. Equity gained on principal adds $807/yr while 5% annual appreciation compounds into $34,535 by year five. Five-year ROI records 349.49% and total cumulative return in cash reaches $144,821. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,340/mo property income versus a $612/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.

Single Family

Built in N/A

0.36 Acres lot

$N/A/sqft

No HOA

More details about the property

Commercial Building For Sale on Main Street in the town of Odon Indiana 47562 Approximately 13,000 sq feet of space that has lots of possibilities with its close proximity to Crane. This Property offers lots of Possibilities with its central location and close Proximity to Crane Naval Base.

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