7007 Oaken LaneLanesvilleIN47136
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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
Investment Highlights
Investment property for sale in Lanesville at 7007 Oaken Lane, Lanesville, IN, 47136 offers a 0% rental yield on a $447,000 purchase with $0/mo rent. 99% in year one. Equity gained on principal adds $2,884/yr while 5% annual appreciation supports $123,498 over five years. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $0/mo property income against a $2,188/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2022
0.26 Acres lot
$N/A/sqft
$250 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47136, Lanesville, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,034 (100%) |
| Owner Occupied HU | 1,721 (84.6%) |
| Renter Occupied HU | 227 (11.2%) |
| Vacant Housing Units | 86 ( 4.2%) |
| Median Home Value | $304,545 |
| Average Home Value | $341,761 |
Housing Distribution
Address Breakdown
Residential
1,889
Single Family
1,889
Multi-Family
0
Businesses
69
Nearby investment properties with comparable rents
No similar rental properties found nearby.
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Listed by: Dava S O'Brien • RE/MAX Ability Plus
Mls Name: SIRA
Mls Provider:
Mls ID: #202508247
Disclaimer: IDX information is provided exclusively for consumers personal, noncommercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing data is deemed reliable but is not guaranteed accurate by the SIRA MLS.