315 S Walnut 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 315 S Walnut St, Odon, IN, 47562 listed at $265,000 pairs $2,158/mo rent with a $1,297/mo payment to leave $567/mo cash flow. Total monthly income runs $2,158/mo, and annual cash flow reaches $6,807/yr on $87,848 cash to close. Return on cash invested measures 27.66% in year one, and rental yield registers 9.77% at a $265,000 basis. Equity gained on principal adds $1,710/yr, and annual property appreciation at 5% supports $73,215 by year five. Five-year ROI tracks 144.2% and total cumulative return in cash totals $126,675. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,158/mo property income relative to a $1,297/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1975
0.27 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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