204 S State StOaktownIN47561
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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 Oaktown at 204 S State St, Oaktown, IN, 47561 with 5% annual appreciation on a $128,600 basis while $1,296/mo rent supports operations. Total monthly income totals $1,296/mo and a $629/mo payment preserves $524/mo for cash returns. Annual cash flow comes to $6,294/yr on $42,631 deployed, and return on cash invested reaches 34.67% in year one. Equity gained on principal adds $830/yr, and five-year appreciation sums $35,530 alongside rental yield of 12.09%. Five-year ROI measures 181.8% and total cumulative return in cash totals $77,503.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,296/mo property income versus a $629/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1950
0.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47561, Oaktown, IN area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
451
Single Family
451
Multi-Family
0
Businesses
37
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Listed by: Kristi Ritz • KNOX COUNTY REALTY, LLC
Mls Name: IRMLS
Mls Provider:
Mls ID: #202520933
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.