326 S Horning DrOdonIN47562
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Nearby investment properties with comparable prices
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 326 S Horning Dr, Odon, IN, 47562 at $215,000 posts ROI 22.99% with $183/mo cash flow from $1,473/mo rent. Total monthly income equals $1,473/mo, and annual cash flow records $2,193/yr on $71,273 to close. Return on cash invested measures 22.99% and rental yield reads 8.22% at the current $215,000. Equity gained on principal adds $1,387/yr, and 5% annual appreciation supports $59,401 by year five. Five-year ROI prints 119.11% and total cumulative return in cash totals $84,889.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,473/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2015
0.25 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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