137 S State Road 57Oakland CityIN47660
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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 Oakland City at 137 S State Road 57, Oakland City, IN, 47660 earns $44/mo cash flow from $1,373/mo rent with a $955/mo payment. Total monthly income totals $1,373/mo, and annual cash flow totals $532/yr on $64,709 capital. ROI tracks 20.73% on current figures, and rental yield reads 8.44% at a $195,200 purchase. Equity gained on principal adds $1,260/yr, and 5% annual appreciation supports $53,930 over five years. Five-year ROI reaches 108.12% and total cumulative return in cash sums $69,961. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,373/mo property income instead of your personal income.
Home Type Unknown
Built in 1950
2 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47660, Oakland City, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,172 (100%) |
| Owner Occupied HU | 1,430 (65.8%) |
| Renter Occupied HU | 462 (21.3%) |
| Vacant Housing Units | 280 (12.9%) |
| Median Home Value | $165,767 |
| Average Home Value | $187,538 |
Housing Distribution
Address Breakdown
Residential
1,980
Single Family
1,980
Multi-Family
0
Businesses
136
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Nearby investment properties with comparable prices
Listed by: N/A • N/A
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