40 Kodak LnAngolaIN46703
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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
Rental property for sale in Angola at 40 Kodak Ln, Angola, IN, 46703 priced at $395,900 pairs $3,358/mo rent with $948/mo cash flow after a $1,938/mo payment. Total monthly income equals $3,358/mo, and annual cash flow comes to $11,375/yr on $131,241 invested. Return on cash invested is 28.58% in year one, and rental yield stands at 10.18% on a $395,900 basis. Equity gained on principal adds $2,555/yr, and 5% annual appreciation accumulates to $109,380 by year five. Five-year ROI measures 149.18% and total cumulative return in cash reaches $195,781. For financing, Ziffy Mortgage’s DSCR program evaluates $3,358/mo property income against a $1,938/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2023
0.86 Acres lot
$N/A/sqft
$400 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46703, Angola, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,798 (100%) |
| Owner Occupied HU | 5,429 (55.4%) |
| Renter Occupied HU | 2,052 (20.9%) |
| Vacant Housing Units | 2,317 (23.6%) |
| Median Home Value | $272,006 |
| Average Home Value | $345,110 |
Housing Distribution
Address Breakdown
Residential
7,691
Single Family
7,223
Multi-Family
468
Businesses
858
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Listed by: John Sommer • CENTURY 21 Bradley Realty, Inc
Mls Name: IRMLS
Mls Provider:
Mls ID: #202316518
Disclaimer: 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.