260 N Maple St, Dana, IN, 47847 | $206/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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260 N Maple St, Dana, IN, 47847 | $206/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Dana at 260 N Maple St, Dana, IN, 47847 priced at $130,000 converts $986/mo rent into $206/mo cash flow after a $636/mo obligation. Total monthly income equals $986/mo, and annual cash flow totals $2,471/yr on $43,095 invested. Return on cash invested prints 25.64% in year one, and rental yield reads 9.1% against a $130,000 entry. Equity gained on principal adds $839/yr, while 5% annual appreciation compiles into $35,917 by year five. Five-year ROI reaches 133.33% and total cumulative return in cash sums $57,459. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $986/mo property income covering a $636/mo payment, not borrower’s personal income.

Single Family

Built in 1969

9,583 sqft lot

$N/A/sqft

No HOA

More details about the property

Nestled in the peaceful, rural town of Dana, Indiana, this charming farmhouse offers 1,920 square feet of living space with the potential for a 3rd bedroom, making it perfect for small families, first-time buyers, or anyone looking to enjoy a slower pace of life in a tranquil setting. The home exudes classic farmhouse appeal with its original character and inviting atmosphere. Inside, you'll find spacious rooms filled with natural light, creating a warm and welcoming environment. The upper floor boasts two generously sized bedrooms, a full bathroom, and downstairs a large living area. With some minor updates, the third bedroom can easily be created, giving you even more space to suit your needs. The large side yard offers endless possibilities for outdoor enjoyment whether you're looking to garden, host gatherings, or simply unwind in the fresh air. A small garage provides convenient storage, and a charming shed adds additional space for tools, equipment, or even a hobbyist's retreat. Located in a quiet, rural area, this home offers a serene lifestyle while still being just a short drive from nearby amenities in town. If you're looking for a peaceful retreat, a place to call your own, or a home with potential to make it uniquely yours, this property is a must-see. Only 19 minutes from Rockville,IN and also 19 minutes from Clinton IN.

Neighborhood Data

Neighborhood data shown for ZIP Code: 47847, Dana, IN area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	494 (100%)
Owner Occupied HU	349 (70.6%)
Renter Occupied HU	70 (14.2%)
Vacant Housing Units	75 (15.2%)
Median Home Value	$88,500
Average Home Value	$125,201