18 Oak Tree LnSpringvilleIN47462
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Springville at 18 Oak Tree Ln, Springville, IN, 47462 at $277,900 posts ROI 23.8% with $299/mo cash flow from $1,967/mo rent. Total monthly income equals $1,967/mo, and annual cash flow records $3,588/yr on $92,124 to close. Return on cash invested measures 23.8% and rental yield reads 8.49% at the current $277,900. Equity gained on principal adds $1,793/yr, and 5% annual appreciation supports $76,779 by year five. Five-year ROI prints 123.47% and total cumulative return in cash totals $113,745.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,967/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1984
1.57 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47462, Springville, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,250 (100%) |
| Owner Occupied HU | 1,864 (82.8%) |
| Renter Occupied HU | 230 (10.2%) |
| Vacant Housing Units | 156 ( 6.9%) |
| Median Home Value | $254,428 |
| Average Home Value | $300,248 |
Housing Distribution
Address Breakdown
Residential
2,018
Single Family
2,018
Multi-Family
0
Businesses
47
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Listed by: Sherry Susnick • Millican Realty
Mls Name: IRMLS
Mls ID: #202600680