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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 419 W Roe St, Ossian, IN, 46777 earns $860/mo cash flow from $1,824/mo rent with a $786/mo payment. Total monthly income totals $1,824/mo, and annual cash flow totals $10,319/yr on $53,255 capital. ROI tracks 39.29% on current figures, and rental yield reads 13.62% at a $160,650 purchase. Equity gained on principal adds $1,037/yr, and 5% annual appreciation supports $44,385 over five years. Five-year ROI reaches 206.49% and total cumulative return in cash sums $109,970. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,824/mo property income instead of your personal income.
Single Family
Built in 1973
0.53 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 |
|---|---|---|
| 2025-02-01 | Listing removed | $1,500 |
| 2025-01-05 | Listed for rent | $1,500 |
| 2024-10-30 | Sold | $160,650 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-11-01 | $284.02 | 2.00% | $217,100 | 10.54% |
| 2023-11-01 | $278.44 | 1.99% | $196,400 | 29.04% |
| 2022-11-01 | $273.00 | 9.54% | $152,200 | 7.11% |
Listed by: Brandon Steffen • Steffen Group
Mls Name: IRMLS
Mls Provider:
Mls ID: #202434322
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.
