6340 Happy Hollow Rd, Osgood, IN, 47037 | 7.17% Rental Yield

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

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6340 Happy Hollow Rd, Osgood, IN, 47037 | 7.17% Rental Yield | Ziffy

For Sale

Fix & Flip

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Osgood at 6340 Happy Hollow Rd, Osgood, IN, 47037 priced at $245,000 pairs $1,463/mo rent with after a $1,199/mo payment. Total monthly income equals $1,463/mo. Return on cash invested is 19.8% in year one, and rental yield stands at 7.17% on a $245,000 basis. Equity gained on principal adds $1,581/yr, and 5% annual appreciation accumulates to $67,689 by year five. Five-year ROI measures 102.02% and total cumulative return in cash reaches $82,860. For financing, Ziffy Mortgage’s DSCR program evaluates $1,463/mo property income against a $1,199/mo payment instead of your W2s, 1099s, or Tax returns.

Single Family

Built in 1880

4.97 Acres lot

$N/A/sqft

No HOA

More details about the property

Just West of Osgood, Indiana sits this 1,947 square foot, 2 story farmhouse on 5+/- acres. When you enter the property, you'll find a granary that has been converted into a small garage. Which is perfect for parking a small car, or storing your equipment in. There is a large post and beam barn, which has hand hewn beams throughout. Use the barn as is, for the infrastructure of your mini-farm, or preserve the beams and lumber within the barn that makes these barn so unique. There is plenty of room on the 5 acres to turn that mini-farm dream you've had into a realty. The 3 bed, 2 bath farmhouse is an open canvas for someone who has been dreaming of turning an old farmhouse into something modern. Turn the place into something you've been dreaming of for year, or freshen up the place and make it yours. The possibilities are endless! The home is being sold AS-IS! There is a pond on the property that is just over a 1/4 acre, and is fully stocked! The property has been recently surveyed and recorded with the county Come find the peace and seclusion you've been looking for on this quiet country setting.

Neighborhood Data

Neighborhood data shown for ZIP Code: 47037, Osgood, IN area.

Housing Distribution

Housing Statistics

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