344 E Ripley St, Osgood, IN, 47037 | $384/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

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344 E Ripley St, Osgood, IN, 47037 | $384/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Osgood at 344 E Ripley St, Osgood, IN, 47037 with 5% annual appreciation on a $159,900 basis while $1,344/mo rent supports operations. Total monthly income totals $1,344/mo and a $783/mo payment preserves $384/mo for cash returns. Annual cash flow comes to $4,605/yr on $53,007 deployed, and return on cash invested reaches 28.6% in year one. Equity gained on principal adds $1,032/yr, and five-year appreciation sums $44,177 alongside rental yield of 10.09%. Five-year ROI measures 149.2% and total cumulative return in cash totals $79,086.

Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,344/mo property income versus a $783/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.

Single Family

Built in 1999

0.40 Acres lot

$N/A/sqft

No HOA

More details about the property

Move In Ready!!! Take a look at this 3 Bedroom 2 Bath Manufactured home located in the heart of Osgood. This property offers a nice size yard with approx .40 acre of property. Immediate possession given at closing....

Neighborhood Data

Neighborhood data shown for ZIP Code: 47037, Osgood, IN area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	1,859 (100%)
Owner Occupied HU	1,276 (68.6%)
Renter Occupied HU	415 (22.3%)
Vacant Housing Units	168 ( 9.0%)
Median Home Value	$261,161
Average Home Value	$300,121