3148 S Coffing Brothers Rd, Kingman, IN, 47952 | Equity Gain $2,678/yr

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3148 S Coffing Brothers Rd, Kingman, IN, 47952 | Equity Gain $2,678/yr | 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

Investment property for sale in Kingman at 3148 S Coffing Brothers Rd, Kingman, IN, 47952 offers a 0% rental yield on a $415,000 purchase with $0/mo rent. 82% in year one. Equity gained on principal adds $2,678/yr while 5% annual appreciation supports $114,657 over five years. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $0/mo property income against a $2,031/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 1987

13.87 Acres lot

$N/A/sqft

No HOA

More details about the property

Nestled at 3148 S Coffing Brothers RD, KINGMAN, IN, this inviting home in Fountain county presents a wonderful opportunity, ready to welcome you. The heart of this single-family residence is undoubtedly the open floor plan, a design that encourages a seamless connection between living spaces, perfect for both quiet relaxation and social gatherings. The kitchen, a culinary haven, features a peninsula and a bar, offering additional preparation space and a casual dining spot where conversations can unfold as meals are created. Imagine mornings spent here, sunlight streaming in as you enjoy breakfast at the bar, or evenings hosting friends with appetizers displayed on the expansive peninsula. The home is on a peaceful and private country setting situated on 18 acres with wooded and tillable acreage. The one level ranch home has an attached 2 car garage and an open floor plan with 2 bedrooms and 2 full bathrooms. The home has the possibility of a third bedroom with moving the existing laundry room and using that as a third bedroom. With 1680 square feet of living area spread across a single story, the layout is both accessible and efficient, offering two bedrooms and two full bathrooms, built in 1987. Outside you find a barn that would and mature trees in the wooded acreage, also great for hunting! This home is move in ready and looking for a new owner!

Neighborhood Data

Neighborhood data shown for ZIP Code: 47952, Kingman, IN area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	1,392 (100%)
Owner Occupied HU	893 (64.2%)
Renter Occupied HU	226 (16.2%)
Vacant Housing Units	273 (19.6%)
Median Home Value	$218,029
Average Home Value	$227,340