3976 E Olean Rd, Versailles, IN, 47042 | $811/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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3976 E Olean Rd, Versailles, IN, 47042 | $811/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 Versailles at 3976 E Olean Rd, Versailles, IN, 47042 earns $811/mo cash flow from $2,144/mo rent with a $1,087/mo payment. Total monthly income totals $2,144/mo, and annual cash flow totals $9,731/yr on $73,593 capital. ROI tracks 33.13% on current figures, and rental yield reads 11.59% at a $222,000 purchase. Equity gained on principal adds $1,433/yr, and 5% annual appreciation supports $61,335 over five years. Five-year ROI reaches 173.5% and total cumulative return in cash sums $127,683. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,144/mo property income instead of your personal income.

Single Family

Built in 2002

3.03 Acres lot

$N/A/sqft

No HOA

More details about the property

Quaint cabin with rustic charm on 5+ acres nestled in the trees and overlooking a creek. Very private setting, long driveway, and the home is not visible from the road or neighbors. Country living at its finest with the comforts of city water, fiber optic internet, concrete drive for parking and turn around. This home makes doing the dishes pleasurable and relaxing. While washing in the 57" deep farmhouse style sink, you are looking out a window at treetops so you feel like you are in treehouse.

Neighborhood Data

Neighborhood data shown for ZIP Code: 47042, Versailles, IN area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	1,997 (100%)
Owner Occupied HU	1,258 (63.0%)
Renter Occupied HU	542 (27.1%)
Vacant Housing Units	197 ( 9.9%)
Median Home Value	$192,586
Average Home Value	$228,027