58548 Patterson DrOsceolaIN46561
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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 Osceola at 58548 Patterson Dr, Osceola, IN, 46561 offers a 10.14% rental yield on a $405,000 purchase with $3,421/mo rent. Total monthly income registers $3,421/mo, and a $1,982/mo payment leaves $990/mo available for distribution. Annual cash flow reaches $11,881/yr on $134,258 to close, and return on cash invested stands at 28.76% in year one. Equity gained on principal adds $2,613/yr while 5% annual appreciation supports $111,894 over five years. Portfolio math shows five-year ROI at 150.09% and total cumulative return in cash at $201,506. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,421/mo property income against a $1,982/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1996
0.39 Acres 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
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