419 S Smith StKewannaIN46939
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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
Investment property for sale in Kewanna at 419 S Smith St, Kewanna, IN, 46939 with 5% annual appreciation on a $130,000 basis while $1,378/mo rent supports operations. Total monthly income totals $1,378/mo and a $636/mo payment preserves $598/mo for cash returns. Annual cash flow comes to $7,175/yr on $43,095 deployed, and return on cash invested reaches 36.56% in year one. Equity gained on principal adds $839/yr, and five-year appreciation sums $35,917 alongside rental yield of 12.72%. Five-year ROI measures 191.86% and total cumulative return in cash totals $82,683.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,378/mo property income versus a $636/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1900
0.44 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46939, Kewanna, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,001 (100%) |
| Owner Occupied HU | 690 (68.9%) |
| Renter Occupied HU | 129 (12.9%) |
| Vacant Housing Units | 182 (18.2%) |
| Median Home Value | $143,939 |
| Average Home Value | $233,004 |
Housing Distribution
Address Breakdown
Residential
732
Single Family
731
Multi-Family
1
Businesses
38
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Listed by: Susan Morris • Rochester Realty, LLC
Mls Name: IRMLS
Mls Provider:
Mls ID: #202523368
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.