110 Parker AveKendallvilleIN46755
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Rental property for sale in Kendallville at 110 Parker Ave, Kendallville, IN, 46755 priced at $141,000 pairs $1,345/mo rent with $499/mo cash flow after a $690/mo payment. Total monthly income equals $1,345/mo, and annual cash flow comes to $5,985/yr on $46,742 invested. Return on cash invested is 32.71% in year one, and rental yield stands at 11.45% on a $141,000 basis. Equity gained on principal adds $910/yr, and 5% annual appreciation accumulates to $38,956 by year five. Five-year ROI measures 171.27% and total cumulative return in cash reaches $80,052. For financing, Ziffy Mortgage’s DSCR program evaluates $1,345/mo property income against a $690/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1950
4,356 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46755, Kendallville, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,806 (100%) |
| Owner Occupied HU | 4,479 (65.8%) |
| Renter Occupied HU | 1,833 (26.9%) |
| Vacant Housing Units | 494 ( 7.3%) |
| Median Home Value | $205,982 |
| Average Home Value | $263,814 |
Housing Distribution
Address Breakdown
Residential
6,412
Single Family
6,211
Multi-Family
201
Businesses
547
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Listed by: Aaron S Hoover • Keller Williams Realty Group
Mls Name: IRMLS
Mls ID: #202522790