








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Rental property for sale in Oaktown at 201 W 1st St, Oaktown, IN, 47561 generates $1,091/mo in rent and, after a $685/mo payment, leaves $251/mo in cash flow. Total monthly income is $1,091/mo, and annual cash flow is $3,011/yr on $46,377 invested. Return on cash invested sits at 26.4% in year one, and rental yield is 9.36% on a $139,900 entry. Equity gained on principal adds $903/yr, while 5% annual appreciation builds toward $38,652 over five years. Five-year ROI reaches 137.43% and total cumulative return in cash sums $63,735. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,091/mo property income rather than buyer’s personal income.
Manufactured
Built in 2002
0.84 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 47561, Oaktown, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 680 (100%) |
| Owner Occupied HU | 430 (63.2%) |
| Renter Occupied HU | 103 (15.1%) |
| Vacant Housing Units | 147 (21.6%) |
| Median Home Value | $178,693 |
| Average Home Value | $187,640 |
Residential
451
Single Family
451
Multi-Family
0
Businesses
37
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: John L Witshork • KLEIN RLTY&AUCTION, INC.
Mls Name: IRMLS
Mls ID: #202532994