5255 N State Road 257, Otwell, IN, 47564 | 6.69% Rental Yield

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

3 Bed
1 Bath
1963 sft

5632 S State Road 241, Monroe City, IN, 47557

- Bed
- Bath
- sft

11526 Us Highway 231, Loogootee, IN, 47553

6 Bed
3 Bath
2316 sft

900 E Cherry St, Petersburg, IN, 47567

2 Bed
2 Bath
1592 sft

918 Greenwood St, Washington, IN, 47501

Nearby investment properties with comparable prices

4 Bed
2 Bath
2376 sft

610 S Walnut St, Oakland City, IN, 47660

3 Bed
2 Bath
1196 sft

909 Hickory Dr, Huntingburg, IN, 47542

3 Bed
3 Bath
2203 sft

20 Sugarland Rd, Washington, IN, 47501

3 Bed
2 Bath
1314 sft

201 SE 15th St, Washington, IN, 47501

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

Explore more listings using simple english

Investment Highlights

Investment property for sale in Otwell at 5255 N State Road 257, Otwell, IN, 47564 listed at $230,000 pairs $1,283/mo rent with a $1,126/mo payment. Total monthly income runs $1,283/mo. Return on cash invested measures 18.37% in year one, and rental yield registers 6.69% at a $230,000 basis. Equity gained on principal adds $1,484/yr, and annual property appreciation at 5% supports $63,545 by year five. Five-year ROI tracks 94.38% and total cumulative return in cash totals $71,959. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,283/mo property income relative to a $1,126/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Manufactured

Built in 1998

1.02 Acres lot

$N/A/sqft

No HOA