304 E Indiana StKoutsIN46347
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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
Investment Highlights
Rental property for sale in Kouts at 304 E Indiana St, Kouts, IN, 46347 offers $2,230/mo rent that, after a $1,174/mo payment, leaves $619/mo cash flow. Total monthly income is $2,230/mo, and annual cash flow is $7,430/yr on $79,527 cash. Return on cash invested measures 29.25% in year one, and rental yield stands at 11.15% at a $239,900 entry. Equity gained on principal adds $1,548/yr while 5% annual appreciation compounds into $66,280 by year five. Five-year ROI records 153.68% and total cumulative return in cash reaches $122,215. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,230/mo property income versus a $1,174/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1924
0.38 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46347, Kouts, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,834 (100%) |
| Owner Occupied HU | 1,559 (85.0%) |
| Renter Occupied HU | 188 (10.3%) |
| Vacant Housing Units | 87 ( 4.7%) |
| Median Home Value | $286,551 |
| Average Home Value | $331,780 |
Housing Distribution
Address Breakdown
Residential
1,656
Single Family
1,656
Multi-Family
0
Businesses
99
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Listed by: Nicholas Milici • Trueblood Real Estate, LLC
Mls Name: NIRA
Mls Provider:
Mls ID: #819156
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.