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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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No similar rental properties found nearby.
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Kempton at 201 W Colonial St, Kempton, IN, 46049 offers $0/mo rent that, after a $1,027/mo payment. Total monthly income is $0/mo. Return on cash invested measures -1.81% in year one, and rental yield stands at 0% at a $209,900 entry. Equity gained on principal adds $1,354/yr while 5% annual appreciation compounds into $57,992 by year five. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $0/mo property income versus a $1,027/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1940
2,482 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 46049, Kempton, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 348 (100%) |
| Owner Occupied HU | 255 (73.3%) |
| Renter Occupied HU | 40 (11.5%) |
| Vacant Housing Units | 53 (15.2%) |
| Median Home Value | $193,750 |
| Average Home Value | $257,010 |
Residential
231
Single Family
231
Multi-Family
0
Businesses
9
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
No similar rental properties found nearby.
Listed by: Kim Sottong • RE/MAX Anew Realty
Mls Name: MIBOR as distributed by MLS GRID
Mls ID: #22058102
