111 E Iroquois StKentlandIN47951
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
Investment property for sale in Kentland at 111 E Iroquois St, Kentland, IN, 47951 at $155,000 posts ROI 27.11% with $308/mo cash flow from $1,239/mo rent. Total monthly income equals $1,239/mo, and annual cash flow records $3,699/yr on $51,383 to close. Return on cash invested measures 27.11% and rental yield reads 9.59% at the current $155,000. Equity gained on principal adds $1,000/yr, and 5% annual appreciation supports $42,824 by year five. Five-year ROI prints 141.28% and total cumulative return in cash totals $72,592.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,239/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1910
7,501 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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Nearby investment properties with comparable prices
Listed by: Trisha Potts • RE/MAX Executives
Mls Name: NIRA
Mls Provider:
Mls ID: #827937
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.