1191 N Main StKewannaIN46939
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 Kewanna at 1191 N Main St, Kewanna, IN, 46939 with 5% annual appreciation on a $274,900 basis while $1,846/mo rent supports operations. Total monthly income totals $1,846/mo and a $1,346/mo payment preserves $58/mo for cash returns. Annual cash flow comes to $698/yr on $91,129 deployed, and return on cash invested reaches 20.68% in year one. Equity gained on principal adds $1,774/yr, and five-year appreciation sums $75,950 alongside rental yield of 8.06%. Five-year ROI measures 107.4% and total cumulative return in cash totals $97,875.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,846/mo property income versus a $1,346/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1946
0.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46939, Kewanna, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,001 (100%) |
| Owner Occupied HU | 690 (68.9%) |
| Renter Occupied HU | 129 (12.9%) |
| Vacant Housing Units | 182 (18.2%) |
| Median Home Value | $143,939 |
| Average Home Value | $233,004 |
Housing Distribution
Address Breakdown
Residential
732
Single Family
731
Multi-Family
1
Businesses
38
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Michael Santos • Estate Squared Away
Mls Name: NIRA
Mls Provider:
Mls ID: #817969
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.