155 Oregon St, Berne, IN, 46711 | $570/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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155 Oregon St, Berne, IN, 46711 | $570/mo Cash Flow | Ziffy

For Sale

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 Berne at 155 Oregon St, Berne, IN, 46711 priced at $163,000 converts $1,549/mo rent into $570/mo cash flow after a $798/mo obligation. Total monthly income equals $1,549/mo, and annual cash flow totals $6,844/yr on $54,035 invested. Return on cash invested prints 32.58% in year one, and rental yield reads 11.4% against a $163,000 entry. Equity gained on principal adds $1,052/yr, while 5% annual appreciation compiles into $45,034 by year five. Five-year ROI reaches 170.57% and total cumulative return in cash sums $92,167. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,549/mo property income covering a $798/mo payment, not borrower’s personal income.

Single Family

Built in 1950

8,276 sqft lot

$N/A/sqft

No HOA

More details about the property

Just move in to this warm and cozy home. Walk in and see the open floor plan, with spacious Kitchen, breakfast bar and loads of cabinet space. Open great room to the eat in area and kitchen. The remodeled full bath is straight out of a magazine! Large soaking tub, separate stand up shower with a premium shower head. Don't forget to look at the half bath with Sofa table converted into the Sink! The wide hallway provide room that can be used for extra storage. Over sized 2 car garage will wow anyone!

Neighborhood Data

Neighborhood data shown for ZIP Code: 46711, Berne, IN area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	2,889 (100%)
Owner Occupied HU	2,069 (71.6%)
Renter Occupied HU	652 (22.6%)
Vacant Housing Units	168 ( 5.8%)
Median Home Value	$220,263
Average Home Value	$290,043