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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 Ossian at 618 Ingle Dr, Ossian, IN, 46777 generates $2,004/mo in rent, after a $1,708/mo payment. Total monthly income is $2,004/mo. Return on cash invested sits at 18.97% in year one, and rental yield is 6.89% on a $349,000 entry. Equity gained on principal adds $2,252/yr, while 5% annual appreciation builds toward $96,422 over five years. Five-year ROI reaches 97.58% and total cumulative return in cash sums $112,896. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,004/mo property income rather than buyer’s personal income.
Single Family
Built in 1977
0.47 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 46777, Ossian, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,731 (100%) |
| Owner Occupied HU | 2,141 (78.4%) |
| Renter Occupied HU | 428 (15.7%) |
| Vacant Housing Units | 162 ( 5.9%) |
| Median Home Value | $227,960 |
| Average Home Value | $267,226 |
Residential
2,606
Single Family
2,547
Multi-Family
59
Businesses
128
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Beverly J Grzych • BKM Real Estate
Mls Name: IRMLS
Mls ID: #202547663
