53204 County Kerry DrGrangerIN46530
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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 Granger at 53204 County Kerry Dr, Granger, IN, 46530 listed at $499,000 pairs $3,287/mo rent with a $2,442/mo payment to leave $279/mo cash flow. Total monthly income runs $3,287/mo, and annual cash flow reaches $3,343/yr on $165,419 cash to close. Return on cash invested measures 21.93% in year one, and rental yield registers 7.9% at a $499,000 basis. Equity gained on principal adds $3,220/yr, and annual property appreciation at 5% supports $137,865 by year five. Five-year ROI tracks 113.47% and total cumulative return in cash totals $187,698. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,287/mo property income relative to a $2,442/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1988
0.34 Acres lot
$N/A/sqft
$160 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46530, Granger, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,467 (100%) |
| Owner Occupied HU | 10,079 (80.8%) |
| Renter Occupied HU | 1,813 (14.5%) |
| Vacant Housing Units | 575 ( 4.6%) |
| Median Home Value | $318,617 |
| Average Home Value | $362,554 |
Housing Distribution
Address Breakdown
Residential
12,208
Single Family
11,173
Multi-Family
1,035
Businesses
834
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Listed by: Katrina E Mcgovern • Home Gallery, KMC Realty
Mls Name: IRMLS
Mls Provider:
Mls ID: #202525181
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.