2621 Pfister RdOtiscoIN47163
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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 Otisco at 2621 Pfister Rd, Otisco, IN, 47163 uses $52,211 cash to close to unlock $5,489/yr annual cash flow and $457/mo monthly cash flow. Total monthly income runs $1,403/mo, and a $771/mo payment keeps the spread at $457/mo. Purchase price stands at $157,500, and rental yield measures 10.69% with $1,403/mo rent. Return on cash invested shows 30.42% in year one, and 5% annual appreciation builds toward $43,514 over five years. Five-year ROI reaches 159.04% and total cumulative return in cash records $83,037. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,403/mo property income covering a $771/mo payment rather than investor’s personal income.
Manufactured
Built in 1994
2.96 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47163, Otisco, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 596 (100%) |
| Owner Occupied HU | 495 (83.1%) |
| Renter Occupied HU | 60 (10.1%) |
| Vacant Housing Units | 41 ( 6.9%) |
| Median Home Value | $270,238 |
| Average Home Value | $333,581 |
Housing Distribution
Address Breakdown
Residential
671
Single Family
671
Multi-Family
0
Businesses
6
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Listed by: Shallon Pait • Sherrill Real Estate
Mls Name: SIRA
Mls Provider:
Mls ID: #2025010581
Disclaimer: IDX information is provided exclusively for consumers personal, noncommercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing data is deemed reliable but is not guaranteed accurate by the SIRA MLS.