106 N 5th StKentlandIN47951
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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 Kentland at 106 N 5th St, Kentland, IN, 47951 earns $241/mo cash flow from $1,172/mo rent with a $759/mo payment. Total monthly income totals $1,172/mo, and annual cash flow totals $2,895/yr on $51,383 capital. ROI tracks 25.54% on current figures, and rental yield reads 9.07% at a $155,000 purchase. Equity gained on principal adds $1,000/yr, and 5% annual appreciation supports $42,824 over five years. Five-year ROI reaches 132.87% and total cumulative return in cash sums $68,272. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,172/mo property income instead of your personal income.
Single Family
Built in 1900
5,401 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47951, Kentland, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 990 (100%) |
| Owner Occupied HU | 671 (67.8%) |
| Renter Occupied HU | 244 (24.6%) |
| Vacant Housing Units | 75 ( 7.6%) |
| Median Home Value | $111,384 |
| Average Home Value | $138,081 |
Housing Distribution
Address Breakdown
Residential
943
Single Family
898
Multi-Family
45
Businesses
138
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Listed by: Trisha Potts • RE/MAX Executives
Mls Name: NIRA
Mls Provider:
Mls ID: #827059
Disclaimer: Copyright 2025 MuItiple Listing Service of the Northwest Indiana REALTORS Association, Inc. All rights reserved. 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.