712 Prairie LnOssianIN46777
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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 Ossian at 712 Prairie Ln, Ossian, IN, 46777 with 5% annual appreciation on a $210,000 basis while $1,668/mo rent supports operations. Total monthly income totals $1,668/mo and a $1,028/mo payment preserves $407/mo for cash returns. Annual cash flow comes to $4,887/yr on $69,615 deployed, and return on cash invested reaches 26.93% in year one. Equity gained on principal adds $1,355/yr, and five-year appreciation sums $58,019 alongside rental yield of 9.53%. Five-year ROI measures 140.29% and total cumulative return in cash totals $97,660.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,668/mo property income versus a $1,028/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2005
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46777, Ossian, IN area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
2,606
Single Family
2,547
Multi-Family
59
Businesses
128
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