314 E Elnora StOdonIN47562
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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 Odon at 314 E Elnora St, Odon, IN, 47562 listed at $179,000 pairs $1,460/mo rent with a $876/mo payment to leave $386/mo cash flow. Total monthly income runs $1,460/mo, and annual cash flow reaches $4,627/yr on $59,339 cash to close. Return on cash invested measures 27.71% in year one, and rental yield registers 9.79% at a $179,000 basis. Equity gained on principal adds $1,155/yr, and annual property appreciation at 5% supports $49,454 by year five. Five-year ROI tracks 144.44% and total cumulative return in cash totals $85,707. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,460/mo property income relative to a $876/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1945
0.49 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47562, Odon, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,799 (100%) |
| Owner Occupied HU | 1,335 (74.2%) |
| Renter Occupied HU | 354 (19.7%) |
| Vacant Housing Units | 110 ( 6.1%) |
| Median Home Value | $238,010 |
| Average Home Value | $260,268 |
Housing Distribution
Address Breakdown
Residential
1,785
Single Family
1,673
Multi-Family
112
Businesses
133
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