206 N Main St, Kempton, IN, 46049 | 7.18% Rental Yield

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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206 N Main St, Kempton, IN, 46049 | 7.18% Rental Yield | Ziffy

For Sale

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 Kempton at 206 N Main St, Kempton, IN, 46049 generates $1,166/mo in rent, after a $954/mo payment. Total monthly income is $1,166/mo. Return on cash invested sits at 19.83% in year one, and rental yield is 7.18% on a $194,900 entry. Equity gained on principal adds $1,258/yr, while 5% annual appreciation builds toward $53,847 over five years. Five-year ROI reaches 102.19% and total cumulative return in cash sums $66,027. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,166/mo property income rather than buyer’s personal income.

Single Family

Built in 1900

0.28 Acres lot

$N/A/sqft

No HOA

More details about the property

Discover this beautifully renovated 3-bedroom, 2-bath home located in the quiet town of Kempton-offering the perfect blend of modern upgrades and small-town charm. Sitting on a 0.28-acre lot with mature trees and a long private driveway, this home has been transformed from top to bottom and is truly move-in ready. Step inside to an open, airy layout featuring new flooring, fresh paint, modern lighting, and all-new mechanicals. The stylish kitchen showcases brand-new cabinets, new countertops, stainless steel appliances, and plenty of storage-ideal for cooking and entertaining. The spacious living room fills with natural light, creating a warm and welcoming gathering space. The home includes two fully updated bathrooms-one with a sleek tiled tub/shower combo and the other with a modern walk-in shower connected to the primary bedroom. All three bedrooms are generously sized and feature new carpet, new doors, and updated finishes throughout. Enjoy total peace of mind knowing everything is NEW: roof, windows, siding, HVAC, electrical, plumbing, water heater, and more. The large backyard is perfect for pets, gardening, or outdoor entertaining. If you're searching for affordable quality, small-town living, and a home that feels brand new, this one checks every box!

Neighborhood Data

Neighborhood data shown for ZIP Code: 46049, Kempton, IN area.

Housing Distribution

Housing Statistics

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