310 W Division StOakland CityIN47660
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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 Oakland City at 310 W Division St, Oakland City, IN, 47660 priced at $107,500 pairs $1,052/mo rent with $407/mo cash flow after a $526/mo payment. Total monthly income equals $1,052/mo, and annual cash flow comes to $4,882/yr on $35,636 invested. Return on cash invested is 33.61% in year one, and rental yield stands at 11.74% on a $107,500 basis. Equity gained on principal adds $694/yr, and 5% annual appreciation accumulates to $29,700 by year five. Five-year ROI measures 176.06% and total cumulative return in cash reaches $62,743. For financing, Ziffy Mortgage’s DSCR program evaluates $1,052/mo property income against a $526/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1900
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47660, Oakland City, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,172 (100%) |
| Owner Occupied HU | 1,430 (65.8%) |
| Renter Occupied HU | 462 (21.3%) |
| Vacant Housing Units | 280 (12.9%) |
| Median Home Value | $165,767 |
| Average Home Value | $187,538 |
Housing Distribution
Address Breakdown
Residential
1,980
Single Family
1,980
Multi-Family
0
Businesses
136
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Listed by: Michael Kermode • Key Associates Signature Realty
Mls Name: IRMLS
Mls Provider:
Mls ID: #202421651
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.