8644 S Addison Ave, Knightstown, IN, 46148 | $77/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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8644 S Addison Ave, Knightstown, IN, 46148 | $77/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 Knightstown at 8644 S Addison Ave, Knightstown, IN, 46148 listed at $369,900 pairs $2,297/mo rent with a $1,810/mo payment to leave $77/mo cash flow. Total monthly income runs $2,297/mo, and annual cash flow reaches $924/yr on $122,622 cash to close. Return on cash invested measures 20.66% in year one, and rental yield registers 7.45% at a $369,900 basis. Equity gained on principal adds $2,387/yr, and annual property appreciation at 5% supports $102,197 by year five. Five-year ROI tracks 106.68% and total cumulative return in cash totals $130,810. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,297/mo property income relative to a $1,810/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Single Family

Built in 1950

0.74 Acres lot

$N/A/sqft

No HOA

More details about the property

Set on approximately 3/4 of an acre in the Knightstown area close to Knightstown Lake, this 4-bedroom, 2-bath home offers a warm blend of updates and original character. Natural hardwood floors and classic built-ins add timeless appeal, while the refreshed interior and updated appliances and mechanicals provide comfortable everyday living. The main level features an easy flow between living spaces, and the upper level includes a separate living area ideal for added privacy or flexible use. A generous yard offers a fenced-in area, heated chicken coup, and beautifully grown roses, lilacs and other mature landscaping.

Neighborhood Data

Neighborhood data shown for ZIP Code: 46148, Knightstown, IN area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	2,206 (100%)
Owner Occupied HU	1,559 (70.7%)
Renter Occupied HU	458 (20.8%)
Vacant Housing Units	189 ( 8.6%)
Median Home Value	$233,295
Average Home Value	$261,750