15801 Fry RoadOtiscoIN47163
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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
Total monthly income runs $2,041/mo, and a $1,737/mo payment. Purchase price stands at $354,900, and rental yield measures 6.9% with $2,041/mo rent. Return on cash invested shows 19% in year one, and 5% annual appreciation builds toward $98,052 over five years. Five-year ROI reaches 97.71% and total cumulative return in cash records $114,952. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,041/mo property income covering a $1,737/mo payment rather than investor’s personal income.
Single Family
Built in 1977
4.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47163, Otisco, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 596 (100%) |
| Owner Occupied HU | 495 (83.1%) |
| Renter Occupied HU | 60 (10.1%) |
| Vacant Housing Units | 41 ( 6.9%) |
| Median Home Value | $270,238 |
| Average Home Value | $333,581 |
Housing Distribution
Address Breakdown
Residential
671
Single Family
671
Multi-Family
0
Businesses
6
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