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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Otterbein at 9081 N 725 E, Otterbein, IN, 47970 listed at $620,000 pairs $3,306/mo rent with a $3,035/mo payment. Total monthly income runs $3,306/mo. Return on cash invested measures 17.61% in year one, and rental yield registers 6.4% at a $620,000 basis. Equity gained on principal adds $4,001/yr, and annual property appreciation at 5% supports $171,295 by year five. Five-year ROI tracks 90.24% and total cumulative return in cash totals $184,071. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,306/mo property income relative to a $3,035/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1998
4.28 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 47970, Otterbein, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 749 (100%) |
| Owner Occupied HU | 519 (69.3%) |
| Renter Occupied HU | 153 (20.4%) |
| Vacant Housing Units | 77 (10.3%) |
| Median Home Value | $211,735 |
| Average Home Value | $255,217 |
Residential
572
Single Family
572
Multi-Family
0
Businesses
46
Date | Event | Price |
|---|---|---|
| 2025-05-07 | Listed for sale | $620,000 |
| 2024-10-18 | Listing removed | $699,900 |
| 2024-09-05 | Price change | $699,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-05-08 | $1097.96 | 6.34% | $259,700 | -3.17% |
| 2023-05-08 | $1032.46 | 20.48% | $268,200 | 1.78% |
| 2022-05-08 | $856.92 | 2.48% | $263,500 | 6.21% |
What's Special
Storage
Listed by: Jeri Stanfield • BerkshireHathaway HS IN Realty
Mls Name: IRMLS
Mls Provider:
Mls ID: #202516364
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.
