408 E Graham St, Kentland, IN, 47951 | $269/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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408 E Graham St, Kentland, IN, 47951 | $269/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

Investment property for sale in Kentland at 408 E Graham St, Kentland, IN, 47951 earns $269/mo cash flow from $1,169/mo rent with a $734/mo payment. Total monthly income totals $1,169/mo, and annual cash flow totals $3,225/yr on $49,725 capital. ROI tracks 26.39% on current figures, and rental yield reads 9.35% at a $150,000 purchase. Equity gained on principal adds $968/yr, and 5% annual appreciation supports $41,442 over five years. Five-year ROI reaches 137.38% and total cumulative return in cash sums $68,310. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,169/mo property income instead of your personal income.

Single Family

Built in 1900

0.29 Acres lot

$N/A/sqft

No HOA

More details about the property

This 1,856 sq ft, 3-bedroom, 2-bath home is packed with updates and charm! Nearly everything major is NEW: plumbing, electrical, roof, windows, siding, furnace, and water heater. The primary bedroom has its own full bath, while the second bathroom features a tiled walk-in shower and updated vanity. Both upstairs bedrooms are fully finished and move-in ready. Enjoy a spacious family room with a wood-burning fireplace, a large kitchen awaiting your finishing touches, and a big mudroom off the backyard--perfect for daily living. The yard is dotted with mature trees offering shade and privacy. Bonus: construction materials stay with the home so you can keep customizing with ease. With so many big updates already done, this home offers instant comfort, lasting value, and plenty of potential!

Neighborhood Data

Neighborhood data shown for ZIP Code: 47951, Kentland, IN area.

Housing Distribution

Housing Statistics

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