301 N Hickory StOaktownIN47561
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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 Oaktown at 301 N Hickory St, Oaktown, IN, 47561 listed at $109,900 pairs $843/mo rent with a $538/mo payment to leave $183/mo cash flow. Total monthly income runs $843/mo, and annual cash flow reaches $2,198/yr on $36,432 cash to close. Return on cash invested measures 25.94% in year one, and rental yield registers 9.2% at a $109,900 basis. Equity gained on principal adds $709/yr, and annual property appreciation at 5% supports $30,363 by year five. Five-year ROI tracks 135.09% and total cumulative return in cash totals $49,216. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $843/mo property income relative to a $538/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1974
1.89 Acres lot
$N/A/sqft
No HOA
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 |
Housing Distribution
Address Breakdown
Residential
451
Single Family
451
Multi-Family
0
Businesses
37
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