1604 Brook CtOssianIN46777
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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 Ossian at 1604 Brook Ct, Ossian, IN, 46777 earns from $2,430/mo rent with a $2,007/mo payment. Total monthly income totals $2,430/mo. ROI tracks 19.48% on current figures, and rental yield reads 7.11% at a $410,000 purchase. Equity gained on principal adds $2,646/yr, and 5% annual appreciation supports $113,275 over five years. Five-year ROI reaches 100.36% and total cumulative return in cash sums $136,403. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,430/mo property income instead of your personal income.
Single Family
Built in 1999
0.36 Acres lot
$N/A/sqft
$200 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46777, Ossian, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,731 (100%) |
| Owner Occupied HU | 2,141 (78.4%) |
| Renter Occupied HU | 428 (15.7%) |
| Vacant Housing Units | 162 ( 5.9%) |
| Median Home Value | $227,960 |
| Average Home Value | $267,226 |
Housing Distribution
Address Breakdown
Residential
2,606
Single Family
2,547
Multi-Family
59
Businesses
128
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Listed by: Erica Lehman • Coldwell Banker Holloway
Mls Name: IRMLS
Mls Provider:
Mls ID: #202518992
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.