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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% |
Investment property for sale in Ossian at 3256 E 1100 N, Ossian, IN, 46777 earns from $1,754/mo rent with a $1,419/mo payment. Total monthly income totals $1,754/mo. ROI tracks 19.54% on current figures, and rental yield reads 7.26% at a $290,000 purchase. Equity gained on principal adds $1,871/yr, and 5% annual appreciation supports $80,122 over five years. Five-year ROI reaches 100.84% and total cumulative return in cash sums $96,940. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,754/mo property income instead of your personal income.
Single Family
Built in 1943
2 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 |
|---|---|---|
| 2025-04-25 | Listed for sale | $290,000 |
| 2025-02-07 | Sold | $311,000 |
| 2025-02-05 | Pending sale | $309,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-27 | $2925.76 | 17.75% | $238,800 | 6.28% |
| 2023-04-27 | $2484.64 | 13.05% | $224,700 | 13.26% |
| 2022-04-27 | $2197.84 | 15.96% | $198,400 | 8.71% |
Listed by: Catherine Peterson • Steffen Group
Mls Name: IRMLS
Mls Provider:
Mls ID: #202514521
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.
