504 E Clark StOwensvilleIN47665
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 Owensville at 504 E Clark St, Owensville, IN, 47665 uses $61,526 cash to close to unlock $3,487/yr annual cash flow and $291/mo monthly cash flow. Total monthly income runs $1,457/mo, and a $908/mo payment keeps the spread at $291/mo. Purchase price stands at $185,600, and rental yield measures 9.42% with $1,457/mo rent. Return on cash invested shows 25.58% in year one, and 5% annual appreciation builds toward $51,278 over five years. Five-year ROI reaches 133.38% and total cumulative return in cash records $82,067. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,457/mo property income covering a $908/mo payment rather than investor’s personal income.
Single Family
Built in 1950
0.31 Acres lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Evan Birch • F.C. TUCKER EMGE
Mls Name: IRMLS
Mls Provider:
Mls ID: #202516186
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.