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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% |
Investment property for sale in Ossian at 6351 N State Route 1, Ossian, IN, 46777 listed at $350,000 pairs $1,745/mo rent with a $1,713/mo payment. Total monthly income runs $1,745/mo. Return on cash invested measures 16.23% in year one, and rental yield registers 5.98% at a $350,000 basis. Equity gained on principal adds $2,258/yr, and annual property appreciation at 5% supports $96,699 by year five. Five-year ROI tracks 82.89% and total cumulative return in cash totals $96,170. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,745/mo property income relative to a $1,713/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1976
3.06 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 |
|---|---|---|
| 2025-04-23 | Listed for sale | $350,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-24 | $1553.52 | 20.30% | $276,000 | 6.40% |
| 2023-04-24 | $1291.40 | 13.91% | $259,400 | 21.16% |
| 2022-04-24 | $1133.68 | 28.09% | $214,100 | 9.63% |
Listed by: Staci Beverly • ERA Crossroads
Mls Name: IRMLS
Mls Provider:
Mls ID: #202514101
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.
