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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Oaktown at 601 E Maple St, Oaktown, IN, 47561 generates $1,068/mo in rent and, after a $685/mo payment, leaves $228/mo in cash flow. Total monthly income is $1,068/mo, and annual cash flow is $2,735/yr on $46,377 invested. Return on cash invested sits at 25.81% in year one, and rental yield is 9.16% on a $139,900 entry. Equity gained on principal adds $903/yr, while 5% annual appreciation builds toward $38,652 over five years. Five-year ROI reaches 134.22% and total cumulative return in cash sums $62,247. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,068/mo property income rather than buyer’s personal income.
Single Family
Built in 1910
0.41 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 47561, Oaktown, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 680 (100%) |
| Owner Occupied HU | 430 (63.2%) |
| Renter Occupied HU | 103 (15.1%) |
| Vacant Housing Units | 147 (21.6%) |
| Median Home Value | $178,693 |
| Average Home Value | $187,640 |
Residential
451
Single Family
451
Multi-Family
0
Businesses
37
Date | Event | Price |
|---|---|---|
| 2024-09-26 | Price change | $139,900 |
| 2024-08-26 | Price change | $149,900 |
| 2024-08-16 | Listed for sale | $154,500 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-15 | $415.72 | -3.76% | $125,000 | 53.75% |
| 2022-10-15 | $431.96 | 0.07% | $81,300 | 0.12% |
| 2021-10-15 | $431.64 | 26.34% | $81,200 | N/A |
Listed by: Richard Chattin • F.C. TUCKER EMGE
Mls Name: IRMLS
Mls Provider:
Mls ID: #202422644
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.
