6962 E 150 NKewannaIN46939
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Total monthly income runs $1,241/mo, and a $1,417/mo payment. Purchase price stands at $289,500, and rental yield measures 5.14% with $1,241/mo rent. Return on cash invested shows 13.7% in year one, and 5% annual appreciation builds toward $79,984 over five years. Five-year ROI reaches 69.31% and total cumulative return in cash records $66,519. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,241/mo property income covering a $1,417/mo payment rather than investor’s personal income.
Single Family
Built in 1911
0.37 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Dewain Davis • RE/MAX SELECT REALTY
Mls Name: IRMLS
Mls Provider:
Mls ID: #202510525
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.