








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Rental property for sale in Ossian at 406 Bittersweet Ln, Ossian, IN, 46777 generates $2,174/mo in rent and, after a $1,468/mo payment, leaves $374/mo in cash flow. Total monthly income is $2,174/mo, and annual cash flow is $4,482/yr on $99,450 invested. Return on cash invested sits at 24.42% in year one, and rental yield is 8.7% on a $300,000 entry. Equity gained on principal adds $1,936/yr, while 5% annual appreciation builds toward $82,884 over five years. Five-year ROI reaches 126.78% and total cumulative return in cash sums $126,084. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,174/mo property income rather than buyer’s personal income.
Single Family
Built in 1992
0.39 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 |
|---|---|---|
| 2025-09-01 | Listed for sale | $300,000 |
| 2021-01-11 | Sold | $230,000 |
| 2020-11-30 | Listed for sale | $249,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-09-03 | $1798.24 | 22.08% | $281,000 | 6.36% |
| 2023-09-03 | $1472.96 | 9.16% | $264,200 | 19.66% |
| 2022-09-03 | $1349.30 | 22.19% | $220,800 | 6.00% |



Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A