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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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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 Oolitic at 202 Oolitic Ln, Oolitic, IN, 47451 generates $2,279/mo in rent, after a $2,570/mo payment. Total monthly income is $2,279/mo. Return on cash invested sits at 14% in year one, and rental yield is 5.21% on a $525,000 entry. Equity gained on principal adds $3,388/yr, while 5% annual appreciation builds toward $145,048 over five years. Five-year ROI reaches 70.88% and total cumulative return in cash sums $122,421. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,279/mo property income rather than buyer’s personal income.
Single Family
Built in 2008
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 47451, Oolitic, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 586 (100%) |
| Owner Occupied HU | 384 (65.5%) |
| Renter Occupied HU | 137 (23.4%) |
| Vacant Housing Units | 65 (11.1%) |
| Median Home Value | $165,833 |
| Average Home Value | $195,488 |
Residential
453
Single Family
453
Multi-Family
0
Businesses
35
Date | Event | Price |
|---|---|---|
| 2024-12-16 | Listing removed | $455,000 |
| 2024-11-26 | Price change | $455,000 |
| 2024-10-14 | Listed for sale | $469,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-22 | $2157.26 | 8.24% | $229,900 | 5.85% |
| 2023-10-22 | $1993.00 | 14.08% | $217,200 | 8.98% |
| 2022-10-22 | $1747.00 | 6.27% | $199,300 | 14.08% |
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A
