8120 Kennedy AveHighlandIN46322
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
Rental property for sale in Highland at 8120 Kennedy Ave, Highland, IN, 46322 offers $2,159/mo rent that, after a $1,308/mo payment, leaves $422/mo cash flow. Total monthly income is $2,159/mo, and annual cash flow is $5,069/yr on $88,610 cash. Return on cash invested measures 25.63% in year one, and rental yield stands at 9.69% at a $267,300 entry. Equity gained on principal adds $1,725/yr while 5% annual appreciation compounds into $73,850 by year five. Five-year ROI records 133.97% and total cumulative return in cash reaches $118,709. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,159/mo property income versus a $1,308/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Multi Family
Built in 1949
6,250 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46322, Highland, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,588 (100%) |
| Owner Occupied HU | 7,922 (74.8%) |
| Renter Occupied HU | 2,280 (21.5%) |
| Vacant Housing Units | 386 ( 3.6%) |
| Median Home Value | $243,747 |
| Average Home Value | $271,248 |
Housing Distribution
Address Breakdown
Residential
10,380
Single Family
8,500
Multi-Family
1,880
Businesses
918
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices