506 N Main St, Owensville, IN, 47665 | $198/mo Cash Flow

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

Rental property for sale in Owensville at 506 N Main St, Owensville, IN, 47665 generates $1,217/mo in rent and, after a $831/mo payment, leaves $198/mo in cash flow. Total monthly income is $1,217/mo, and annual cash flow is $2,375/yr on $56,256 invested. Return on cash invested sits at 24.13% in year one, and rental yield is 8.61% on a $169,700 entry. Equity gained on principal adds $1,095/yr, while 5% annual appreciation builds toward $46,885 over five years. Five-year ROI reaches 125.26% and total cumulative return in cash sums $70,463. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,217/mo property income rather than buyer’s personal income.

Single Family

Built in 1900

0.31 Acres lot

$N/A/sqft

No HOA