115 S Oak StWest lebanonIN47991
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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 West lebanon at 115 S Oak St, West lebanon, IN, 47991 earns $136/mo cash flow from $970/mo rent with a $680/mo payment. Total monthly income totals $970/mo, and annual cash flow totals $1,631/yr on $46,079 capital. ROI tracks 23.45% on current figures, and rental yield reads 8.37% at a $139,000 purchase. Equity gained on principal adds $897/yr, and 5% annual appreciation supports $38,403 over five years. Five-year ROI reaches 121.56% and total cumulative return in cash sums $56,012. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $970/mo property income instead of your personal income.
Single Family
Built in 1965
0.51 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47991, West Lebanon, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 424 (100%) |
| Owner Occupied HU | 302 (71.2%) |
| Renter Occupied HU | 83 (19.6%) |
| Vacant Housing Units | 39 ( 9.2%) |
| Median Home Value | $167,143 |
| Average Home Value | $204,743 |
Housing Distribution
Address Breakdown
Residential
330
Single Family
330
Multi-Family
0
Businesses
28
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Listed by: MIKE KAY • Warren Agency
Mls Name: IRMLS
Mls ID: #202543197