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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% |
Investment property for sale in Odon at 209 S Spring St, Odon, IN, 47562 earns $183/mo cash flow from $897/mo rent with a $582/mo payment. Total monthly income totals $897/mo, and annual cash flow totals $2,197/yr on $39,449 capital. ROI tracks 25.48% on current figures, and rental yield reads 9.05% at a $119,000 purchase. Equity gained on principal adds $768/yr, and 5% annual appreciation supports $32,878 over five years. Five-year ROI reaches 132.58% and total cumulative return in cash sums $52,301. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $897/mo property income instead of your personal income.
Single Family
Built in 1980
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 47562, Odon, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,799 (100%) |
| Owner Occupied HU | 1,335 (74.2%) |
| Renter Occupied HU | 354 (19.7%) |
| Vacant Housing Units | 110 ( 6.1%) |
| Median Home Value | $238,010 |
| Average Home Value | $260,268 |
Residential
1,785
Single Family
1,673
Multi-Family
112
Businesses
133
Date | Event | Price |
|---|---|---|
| 2025-03-30 | Listed for sale | $119,000 |
| 2017-05-17 | Sold | $38,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-01 | $529.30 | 13.13% | $160,100 | 12.75% |
| 2023-04-01 | $467.88 | 38.26% | $142,000 | 16.97% |
| 2022-04-01 | $338.40 | -3.10% | $121,400 | 10.87% |
Listed by: Dan Henning • Home & Harvest Properties LLC
Mls Name: IRMLS
Mls Provider:
Mls ID: #202510486
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.
