806 N 4th St, Kentland, IN, 47951 | $895/mo Cash Flow

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Monthly Cash Flow: 1 - 3k+

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806 N 4th St, Kentland, IN, 47951 | $895/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Kentland at 806 N 4th St, Kentland, IN, 47951 offers a 11.4% rental yield on a $255,900 purchase with $2,432/mo rent. Total monthly income registers $2,432/mo, and a $1,253/mo payment leaves $895/mo available for distribution. Annual cash flow reaches $10,744/yr on $84,831 to close, and return on cash invested stands at 32.57% in year one. Equity gained on principal adds $1,651/yr while 5% annual appreciation supports $70,700 over five years. Portfolio math shows five-year ROI at 170.54% and total cumulative return in cash at $144,674. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,432/mo property income against a $1,253/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 1909

0.49 Acres lot

$N/A/sqft

No HOA

More details about the property

**Spacious Corner-Lot Charmer with Room for Everyone!** Welcome home to this beautifully updated 5-bedroom, 2-bath, 2-story gem on nearly half an acre! With 2,250 sq ft of living space, this home offers comfort, style, and plenty of space to spread out, both inside and out. You'll love the updated flooring throughout, cozy wood-burning fireplace, and the functional butler's pantry perfect for entertaining. The *new 2024 furnace* adds peace of mind! Step outside to your private outdoor oasis, featuring a huge 4-car detached garage, above-ground swimming pool, rear deck, patio, and covered front porch; ideal for summer BBQs or relaxing evenings. Situated on a corner lot, this home offers the perfect blend of indoor charm and outdoor fun. Home's location is very convenient, within walking distance to all downtown amenities such as, parks, public swimming pool, ball fields, grocery store, banks, post office and restaurants! Don't miss your chance, homes like this don't pop up every day! Call today to schedule your showing!

Neighborhood Data

Neighborhood data shown for ZIP Code: 47951, Kentland, IN area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	990 (100%)
Owner Occupied HU	671 (67.8%)
Renter Occupied HU	244 (24.6%)
Vacant Housing Units	75 ( 7.6%)
Median Home Value	$111,384
Average Home Value	$138,081