530 Alfrell StOakland CityIN47660
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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
Investment Highlights
Investment property for sale in Oakland City at 530 Alfrell St, Oakland City, IN, 47660 earns $443/mo cash flow from $1,488/mo rent with a $852/mo payment. Total monthly income totals $1,488/mo, and annual cash flow totals $5,316/yr on $57,714 capital. ROI tracks 29.12% on current figures, and rental yield reads 10.26% at a $174,100 purchase. Equity gained on principal adds $1,123/yr, and 5% annual appreciation supports $48,101 over five years. Five-year ROI reaches 152.1% and total cumulative return in cash sums $87,780. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,488/mo property income instead of your personal income.
Multi Family
Built in 2002
7,250 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47660, Oakland City, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,172 (100%) |
| Owner Occupied HU | 1,430 (65.8%) |
| Renter Occupied HU | 462 (21.3%) |
| Vacant Housing Units | 280 (12.9%) |
| Median Home Value | $165,767 |
| Average Home Value | $187,538 |
Housing Distribution
Address Breakdown
Residential
1,980
Single Family
1,980
Multi-Family
0
Businesses
136
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