Multi Family Investment Properties for Sale in Kendallville, IN

Property at 322 W Mitchell St, Kendallville, IN
Currently Rented
Rental Income
$ 199,900
ROI
21.9ROI percentage
Cash Flow/m
Dollar sign120
  • 4 Bed
  • 2 Bath
  • 1882 sft
322 W Mitchell St, Kendallville, IN, 46755
Property at 316 N State St, Kendallville, IN
Currently Rented
Fix & Flip
$ 160,000
ROI
35.0ROI percentage
Cash Flow/m
Dollar sign681
  • 3 Bed
  • 3 Bath
  • 1928 sft
316 N State St, Kendallville, IN, 46755
Property at 403 N Main St, Kendallville, IN
$ 229,000
ROI
20.5ROI percentage
Cash Flow/m
Dollar sign50
  • 7 Bed
  • 3 Bath
  • 2601 sft
403 N Main St, Kendallville, IN, 46755
Property at 113 Sargent St, Kendallville, IN
$ 120,000
ROI
37.8ROI percentage
Cash Flow/m
Dollar sign602
  • 3 Bed
  • 2 Bath
  • 1736 sft
113 Sargent St, Kendallville, IN, 46755

Why Invest in Kendallville, Indiana?

Investing in multifamily properties in Indiana offers a unique opportunity for growth. With a current average rental yield of 6.5% and cap rates around 8%, Kendallville is becoming increasingly attractive for real estate investors. The city also boasts a strong renter-occupied rate of 80%, indicating a high demand for rental units.

9.5%
Avg. ROI
6.5%
Rental Yield
8%
Cap Rate
$1500/mo
Avg. Cash Flow
$950/mo
Avg. Rent
4%
1Y Appreciation

Frequently Asked Questions

The average rent in Kendallville is approximately $950 per month, offering competitive pricing for multifamily investments. This affordability attracts a diverse range of tenants.

Find Your Perfect Investment Property in Kendallville, Indiana

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