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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Ossian at 312 S Jefferson St, Ossian, IN, 46777 priced at $200,000 converts $1,733/mo rent into $532/mo cash flow after a $979/mo obligation. Total monthly income equals $1,733/mo, and annual cash flow totals $6,388/yr on $66,300 invested. Return on cash invested prints 29.54% in year one, and rental yield reads 10.4% against a $200,000 entry. Equity gained on principal adds $1,291/yr, while 5% annual appreciation compiles into $55,256 by year five. Five-year ROI reaches 154.31% and total cumulative return in cash sums $102,308. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,733/mo property income covering a $979/mo payment, not borrower’s personal income.
Single Family
Built in 1900
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 46777, Ossian, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,731 (100%) |
| Owner Occupied HU | 2,141 (78.4%) |
| Renter Occupied HU | 428 (15.7%) |
| Vacant Housing Units | 162 ( 5.9%) |
| Median Home Value | $227,960 |
| Average Home Value | $267,226 |
Residential
2,606
Single Family
2,547
Multi-Family
59
Businesses
128
Date | Event | Price |
|---|---|---|
| 2025-05-23 | Listed for sale | $200,000 |
| 2024-03-18 | Sold | $215,000 |
| 2024-02-26 | Pending sale | $215,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-05-26 | $1416.48 | 23.54% | $237,700 | 8.89% |
| 2023-05-26 | $1146.54 | 19.88% | $218,300 | 19.16% |
| 2022-05-26 | $956.40 | 37.91% | $183,200 | 12.81% |
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A
