310 E Maple StKentlandIN47951
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 Kentland at 310 E Maple St, Kentland, IN, 47951 offers a 11.03% rental yield on a $192,000 purchase with $1,764/mo rent. Total monthly income registers $1,764/mo, and a $940/mo payment leaves $611/mo available for distribution. Annual cash flow reaches $7,334/yr on $63,648 to close, and return on cash invested stands at 31.43% in year one. Equity gained on principal adds $1,239/yr while 5% annual appreciation supports $53,046 over five years. Portfolio math shows five-year ROI at 164.47% and total cumulative return in cash at $104,680. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,764/mo property income against a $940/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1958
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47951, Kentland, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 990 (100%) |
| Owner Occupied HU | 671 (67.8%) |
| Renter Occupied HU | 244 (24.6%) |
| Vacant Housing Units | 75 ( 7.6%) |
| Median Home Value | $111,384 |
| Average Home Value | $138,081 |
Housing Distribution
Address Breakdown
Residential
943
Single Family
898
Multi-Family
45
Businesses
138
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices