330 W McKeever St, Andrews, IN, 46702 | $283/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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330 W McKeever St, Andrews, IN, 46702 | $283/mo Cash Flow | 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

Rental property for sale in Andrews at 330 W McKeever St, Andrews, IN, 46702 offers $1,422/mo rent that, after a $929/mo payment, leaves $283/mo cash flow. Total monthly income is $1,422/mo, and annual cash flow is $3,390/yr on $62,952 cash. Return on cash invested measures 25.29% in year one, and rental yield stands at 8.99% at a $189,900 entry. Equity gained on principal adds $1,225/yr while 5% annual appreciation compounds into $52,466 by year five. Five-year ROI records 131.52% and total cumulative return in cash reaches $82,793. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,422/mo property income versus a $929/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.

Single Family

Built in 1900

8,712 sqft lot

$N/A/sqft

No HOA

More details about the property

Welcome home to this refreshed 1.5-story in Andrews with space to spread out inside and out. Offering 4 bedrooms, 1 full bath, and approximately 2,070 finished square feet, this home pairs classic curb appeal with full updates across the entire home. Step onto the covered front porch and into a bright living area with new flooring, fresh paint, and updated light fixtures that continue throughout the main level. The beautifully updated kitchen features new stainless steel appliances, ample counter and cabinet space, and room for casual dining. A remodeled bathroom, main-level bedroom, and additional flex-style living room (with a laundry hookup) give you options for work, play, or guests. Upstairs youll find three more bedrooms. Outside, enjoy the attached 1-car garage and a large fenced-in backyard ready for pets, play, or any other outdoor hobbies. Taxes would be lower with a homestead exemption, currently there is not one on the property. With a brand new roof and big-ticket upgrades already done, this move-in-ready home makes everyday living simple and effortless!

Neighborhood Data

Neighborhood data shown for ZIP Code: 46702, Andrews, IN area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	956 (100%)
Owner Occupied HU	708 (74.1%)
Renter Occupied HU	139 (14.5%)
Vacant Housing Units	109 (11.4%)
Median Home Value	$245,000
Average Home Value	$276,691