211 E Columbia StOakland CityIN47660
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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
Rental property for sale in Oakland City at 211 E Columbia St, Oakland City, IN, 47660 priced at $110,600 pairs $1,637/mo rent with $973/mo cash flow after a $541/mo payment. Total monthly income equals $1,637/mo, and annual cash flow comes to $11,681/yr on $36,664 invested. Return on cash invested is 51.77% in year one, and rental yield stands at 17.76% on a $110,600 basis. Equity gained on principal adds $714/yr, and 5% annual appreciation accumulates to $30,557 by year five. Five-year ROI measures 273.51% and total cumulative return in cash reaches $100,280. For financing, Ziffy Mortgage’s DSCR program evaluates $1,637/mo property income against a $541/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1924
6,624 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47660, Oakland City, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,172 (100%) |
| Owner Occupied HU | 1,430 (65.8%) |
| Renter Occupied HU | 462 (21.3%) |
| Vacant Housing Units | 280 (12.9%) |
| Median Home Value | $165,767 |
| Average Home Value | $187,538 |
Housing Distribution
Address Breakdown
Residential
1,980
Single Family
1,980
Multi-Family
0
Businesses
136
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Listed by: N/A • N/A
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