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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 Odon at 13463 N 900 E, Odon, IN, 47562 listed at $315,000 pairs $2,202/mo rent with a $1,542/mo payment to leave $311/mo cash flow. Total monthly income runs $2,202/mo, and annual cash flow reaches $3,730/yr on $104,423 cash to close. Return on cash invested measures 23.48% in year one, and rental yield registers 8.39% at a $315,000 basis. Equity gained on principal adds $2,033/yr, and annual property appreciation at 5% supports $87,029 by year five. Five-year ROI tracks 121.75% and total cumulative return in cash totals $127,133. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,202/mo property income relative to a $1,542/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2014
1.50 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 47562, Odon, IN area.
| 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 |
Residential
1,785
Single Family
1,673
Multi-Family
112
Businesses
133
Date | Event | Price |
|---|---|---|
| 2025-04-04 | Listed for sale | $315,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-07 | $1382.92 | -5.28% | $239,200 | 3.06% |
| 2023-04-07 | $1459.94 | 5.27% | $232,100 | 13.05% |
| 2022-04-07 | $1386.88 | 6.17% | $205,300 | 9.79% |
What's Special
Pull Down Stairs
Listed by: Barb Hays • F.C. TUCKER EMGE
Mls Name: IRMLS
Mls Provider:
Mls ID: #202511258
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
