309 N Olive StOsceolaIN46561
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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 Osceola at 309 N Olive St, Osceola, IN, 46561 priced at $144,900 pairs $1,361/mo rent with $491/mo cash flow after a $709/mo payment. Total monthly income equals $1,361/mo, and annual cash flow comes to $5,897/yr on $48,034 invested. Return on cash invested is 32.19% in year one, and rental yield stands at 11.27% on a $144,900 basis. Equity gained on principal adds $935/yr, and 5% annual appreciation accumulates to $40,033 by year five. Five-year ROI measures 168.51% and total cumulative return in cash reaches $80,941. For financing, Ziffy Mortgage’s DSCR program evaluates $1,361/mo property income against a $709/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1956
6,500 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46561, Osceola, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,010 (100%) |
| Owner Occupied HU | 4,235 (84.5%) |
| Renter Occupied HU | 635 (12.7%) |
| Vacant Housing Units | 140 ( 2.8%) |
| Median Home Value | $240,395 |
| Average Home Value | $253,345 |
Housing Distribution
Address Breakdown
Residential
5,366
Single Family
5,366
Multi-Family
0
Businesses
260
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