794 S 1225 EOakland CityIN47660
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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
Rental property for sale in Oakland City at 794 S 1225 E, Oakland City, IN, 47660 generates $1,195/mo in rent and, after a $734/mo payment, leaves $295/mo in cash flow. Total monthly income is $1,195/mo, and annual cash flow is $3,537/yr on $49,725 invested. Return on cash invested sits at 27.02% in year one, and rental yield is 9.56% on a $150,000 entry. Equity gained on principal adds $968/yr, while 5% annual appreciation builds toward $41,442 over five years. Five-year ROI reaches 140.75% and total cumulative return in cash sums $69,990. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,195/mo property income rather than buyer’s personal income.
Single Family
Built in 1940
0.75 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47660, Oakland City, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,172 (100%) |
| Owner Occupied HU | 1,430 (65.8%) |
| Renter Occupied HU | 462 (21.3%) |
| Vacant Housing Units | 280 (12.9%) |
| Median Home Value | $165,767 |
| Average Home Value | $187,538 |
Housing Distribution
Address Breakdown
Residential
1,980
Single Family
1,980
Multi-Family
0
Businesses
136
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Listed by: William Atkins • Atkins Real Estate
Mls Name: IRMLS
Mls ID: #202548862