806 N 4th StKentlandIN47951
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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 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
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 |
Housing Distribution
Address Breakdown
Residential
943
Single Family
898
Multi-Family
45
Businesses
138
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