204 S Main St, Kirklin, IN, 46050 | $298/mo Cash Flow

For Sale

Fix & Flip

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Kirklin at 204 S Main St, Kirklin, IN, 46050 priced at $190,000 pairs $1,439/mo rent with $298/mo cash flow after a $930/mo payment. Total monthly income equals $1,439/mo, and annual cash flow comes to $3,581/yr on $62,985 invested. Return on cash invested is 25.59% in year one, and rental yield stands at 9.09% on a $190,000 basis. Equity gained on principal adds $1,226/yr, and 5% annual appreciation accumulates to $52,494 by year five. Five-year ROI measures 133.1% and total cumulative return in cash reaches $83,832. For financing, Ziffy Mortgage’s DSCR program evaluates $1,439/mo property income against a $930/mo payment instead of your W2s, 1099s, or Tax returns.

Single Family

Built in 1955

9,147 sqft lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 46050, Kirklin, IN area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	732 (100%)
Owner Occupied HU	564 (77.0%)
Renter Occupied HU	117 (16.0%)
Vacant Housing Units	51 ( 7.0%)
Median Home Value	$276,596
Average Home Value	$289,025