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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Kentland at 323 W Graham St, Kentland, IN, 47951 priced at $285,900 converts $1,956/mo rent into $240/mo cash flow after a $1,399/mo obligation. Total monthly income equals $1,956/mo, and annual cash flow totals $2,881/yr on $94,776 invested. Return on cash invested prints 22.95% in year one, and rental yield reads 8.21% against a $285,900 entry. Equity gained on principal adds $1,845/yr, while 5% annual appreciation compiles into $78,989 by year five. Five-year ROI reaches 118.94% and total cumulative return in cash sums $112,729. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,956/mo property income covering a $1,399/mo payment, not borrower’s personal income.
Single Family
Built in 1956
1.05 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 47951, Kentland, IN area.
| 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 |
Residential
943
Single Family
898
Multi-Family
45
Businesses
138
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: LaDonna Davidson • The Real Estate Shoppe, LLC
Mls Name: NIRA
Mls ID: #829234
