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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 Osgood at 6198 N Old Michigan Rd, Osgood, IN, 47037 generates $1,168/mo in rent, after a $1,346/mo payment. Total monthly income is $1,168/mo. Return on cash invested sits at 13.55% in year one, and rental yield is 5.1% on a $275,000 entry. Equity gained on principal adds $1,775/yr, while 5% annual appreciation builds toward $75,977 over five years. Five-year ROI reaches 68.55% and total cumulative return in cash sums $62,495. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,168/mo property income rather than buyer’s personal income.
Home Type Unknown
Built in 1992
7 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 47037, Osgood, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,859 (100%) |
| Owner Occupied HU | 1,276 (68.6%) |
| Renter Occupied HU | 415 (22.3%) |
| Vacant Housing Units | 168 ( 9.0%) |
| Median Home Value | $261,161 |
| Average Home Value | $300,121 |
Residential
1,704
Single Family
1,668
Multi-Family
36
Businesses
105
Date | Event | Price |
|---|---|---|
| 2025-06-13 | Sold | $275,000 |
| 2025-06-06 | Listed for sale | $299,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-15 | $1162.98 | 3.87% | $187,500 | 3.02% |
| 2023-10-15 | $1119.60 | 9.20% | $182,000 | -2.15% |
| 2022-10-15 | $1025.24 | 4.11% | $186,000 | 7.27% |
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A
