7254 S State Road 17KewannaIN46939
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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 7254 S State Road 17, Kewanna, IN, 46939 uses $41,438 cash to close to unlock $4,890/yr annual cash flow and $407/mo monthly cash flow. Total monthly income runs $1,158/mo, and a $612/mo payment keeps the spread at $407/mo. Purchase price stands at $125,000, and rental yield measures 11.12% with $1,158/mo rent. Return on cash invested shows 31.71% in year one, and 5% annual appreciation builds toward $34,535 over five years. Five-year ROI reaches 165.95% and total cumulative return in cash records $68,765. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,158/mo property income covering a $612/mo payment rather than investor’s personal income.
Single Family
Built in 1924
2.17 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: Jessica Shannon • Modern Real Estate
Mls Name: IRMLS
Mls Provider:
Mls ID: #202533444
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.