801 N Maxine Dr, Ossian, IN, 46777 | $468/mo Cash Flow

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Monthly Cash Flow: 1 - 3k+

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801 N Maxine Dr, Ossian, IN, 46777 | $468/mo Cash Flow | Ziffy

For Sale

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

Investment property for sale in Ossian at 801 N Maxine Dr, Ossian, IN, 46777 listed at $230,000 pairs $1,849/mo rent with a $1,126/mo payment to leave $468/mo cash flow. Total monthly income runs $1,849/mo, and annual cash flow reaches $5,617/yr on $76,245 cash to close. Return on cash invested measures 27.28% in year one, and rental yield registers 9.65% at a $230,000 basis. Equity gained on principal adds $1,484/yr, and annual property appreciation at 5% supports $63,545 by year five. Five-year ROI tracks 142.18% and total cumulative return in cash totals $108,403. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,849/mo property income relative to a $1,126/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Single Family

Built in 1972

0.29 Acres lot

$N/A/sqft

No HOA

More details about the property

Start Showing Date: 10/17/2025 Start showing date 10/17/25. Charming 3 bedroom, 1.5 bath home. Enjoy direct access to the park and splash pad from, the fully fenced-in, large backyard--Perfect for outdoor fun and entertaining. The kitchen, with newer appliances, offers a coffee bar or extra counter space for meal prep. The large family room is extra cozy with a ton of storage and a fireplace for those cold nights. Features include electrical panel (2025), vinyl flooring (2022), windows, gutters/guards, water heather (2017). The large, concrete, driveway is nice for accommodating gatherings. You will definitely want to check this one out.

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