907 Walnut StOoliticIN47451
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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 Oolitic at 907 Walnut St, Oolitic, IN, 47451 uses $49,725 cash to close to unlock $2,853/yr annual cash flow and $238/mo monthly cash flow. Total monthly income runs $1,138/mo, and a $734/mo payment keeps the spread at $238/mo. Purchase price stands at $149,999, and rental yield measures 9.1% with $1,138/mo rent. Return on cash invested shows 25.65% in year one, and 5% annual appreciation builds toward $41,442 over five years. Five-year ROI reaches 133.39% and total cumulative return in cash records $66,330. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,138/mo property income covering a $734/mo payment rather than investor’s personal income.
Single Family
Built in 1910
9,147 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47451, Oolitic, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 586 (100%) |
| Owner Occupied HU | 384 (65.5%) |
| Renter Occupied HU | 137 (23.4%) |
| Vacant Housing Units | 65 (11.1%) |
| Median Home Value | $165,833 |
| Average Home Value | $195,488 |
Housing Distribution
Address Breakdown
Residential
453
Single Family
453
Multi-Family
0
Businesses
35
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Listed by: Natasha Rowlett • Williams Carpenter Realtors
Mls Name: IRMLS
Mls Provider:
Mls ID: #202509565
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.