301 E Hawk Ln, Oaktown, IN, 47561 | $823/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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301 E Hawk Ln, Oaktown, IN, 47561 | $823/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 Oaktown at 301 E Hawk Ln, Oaktown, IN, 47561 offers $2,083/mo rent that, after a $1,027/mo payment, leaves $823/mo cash flow. Total monthly income is $2,083/mo, and annual cash flow is $9,880/yr on $69,582 cash. Return on cash invested measures 34.11% in year one, and rental yield stands at 11.91% at a $209,900 entry. Equity gained on principal adds $1,354/yr while 5% annual appreciation compounds into $57,992 by year five. Five-year ROI records 178.77% and total cumulative return in cash reaches $124,388. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,083/mo property income versus a $1,027/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.

Single Family

Built in 1945

0.27 Acres lot

$N/A/sqft

No HOA

More details about the property

Spacious 5-bed, 2-bath home with heated 2+ car garage. Main floor features laundry, updated kitchen with appliances, dining room, and large living room with re-stained hardwood floors. Two bedrooms on main level; upstairs offers a master suite with a walk-in closet and two additional bedrooms. Outside includes a new pergola, updated fencing, and landscaping throughout the home. This is a can't-miss opportunity.

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