312 S Smith StKewannaIN46939
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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
Investment property for sale in Kewanna at 312 S Smith St, Kewanna, IN, 46939 at $110,000 posts ROI 25.61% with $173/mo cash flow from $833/mo rent. Total monthly income equals $833/mo, and annual cash flow records $2,077/yr on $36,465 to close. Return on cash invested measures 25.61% and rental yield reads 9.09% at the current $110,000. Equity gained on principal adds $710/yr, and 5% annual appreciation supports $30,391 by year five. Five-year ROI prints 133.28% and total cumulative return in cash totals $48,600.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $833/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1900
7,927 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46939, Kewanna, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,001 (100%) |
| Owner Occupied HU | 690 (68.9%) |
| Renter Occupied HU | 129 (12.9%) |
| Vacant Housing Units | 182 (18.2%) |
| Median Home Value | $143,939 |
| Average Home Value | $233,004 |
Housing Distribution
Address Breakdown
Residential
732
Single Family
731
Multi-Family
1
Businesses
38
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Nearby investment properties with comparable prices
Listed by: Kaylie Black • Brick Built Real Estate
Mls Name: NIRA
Mls Provider:
Mls ID: #818559
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.