802 W Alice StKoutsIN46347
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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
Rental property for sale in Kouts at 802 W Alice St, Kouts, IN, 46347 priced at $219,900 converts $2,057/mo rent into $737/mo cash flow after a $1,076/mo obligation. Total monthly income equals $2,057/mo, and annual cash flow totals $8,847/yr on $72,897 invested. Return on cash invested prints 32.05% in year one, and rental yield reads 11.23% against a $219,900 entry. Equity gained on principal adds $1,419/yr, while 5% annual appreciation compiles into $60,754 by year five. Five-year ROI reaches 167.73% and total cumulative return in cash sums $122,272. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,057/mo property income covering a $1,076/mo payment, not borrower’s personal income.
Single Family
Built in 1971
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46347, Kouts, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,834 (100%) |
| Owner Occupied HU | 1,559 (85.0%) |
| Renter Occupied HU | 188 (10.3%) |
| Vacant Housing Units | 87 ( 4.7%) |
| Median Home Value | $286,551 |
| Average Home Value | $331,780 |
Housing Distribution
Address Breakdown
Residential
1,656
Single Family
1,656
Multi-Family
0
Businesses
99
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