501 Shepherds Cove DrOsceolaIN46561
Nearby investment properties with comparable rents
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 Osceola at 501 Shepherds Cove Dr, Osceola, IN, 46561 offers a 9.18% rental yield on a $389,900 purchase with $2,983/mo rent. Total monthly income registers $2,983/mo, and a $1,908/mo payment leaves $643/mo available for distribution. Annual cash flow reaches $7,714/yr on $129,252 to close, and return on cash invested stands at 25.88% in year one. Equity gained on principal adds $2,516/yr while 5% annual appreciation supports $107,722 over five years. Portfolio math shows five-year ROI at 134.58% and total cumulative return in cash at $173,953. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,983/mo property income against a $1,908/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2003
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46561, Osceola, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,010 (100%) |
| Owner Occupied HU | 4,235 (84.5%) |
| Renter Occupied HU | 635 (12.7%) |
| Vacant Housing Units | 140 ( 2.8%) |
| Median Home Value | $240,395 |
| Average Home Value | $253,345 |
Housing Distribution
Address Breakdown
Residential
5,366
Single Family
5,366
Multi-Family
0
Businesses
260
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices