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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Kentland at 906 N 1st St, Kentland, IN, 47951 offers a 16.24% rental yield on a $190,000 purchase with $2,572/mo rent. Total monthly income registers $2,572/mo, and a $930/mo payment leaves $1,431/mo available for distribution. Annual cash flow reaches $17,177/yr on $62,985 to close, and return on cash invested stands at 47.18% in year one. Equity gained on principal adds $1,226/yr while 5% annual appreciation supports $52,494 over five years. Portfolio math shows five-year ROI at 248.88% and total cumulative return in cash at $156,756. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,572/mo property income against a $930/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1936
0.89 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 47951, Kentland, IN area.
| 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 |
Residential
943
Single Family
898
Multi-Family
45
Businesses
138
Date | Event | Price |
|---|---|---|
| 2025-06-12 | Sold | $190,000 |
| 2025-05-16 | Contingent | $199,999 |
| 2025-05-06 | Listed for sale | $199,999 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-16 | $1018.40 | -1.92% | $137,000 | 17.80% |
| 2023-10-16 | $1038.30 | 18.52% | $116,300 | 10.24% |
| 2022-10-16 | $876.02 | 14.60% | $105,500 | 9.78% |
Listed by: LaDonna Davidson • The Real Estate Shoppe, LLC
Mls Name: NIRA
Mls Provider:
Mls ID: #820218
Disclaimer: Copyright 2025 MuItiple Listing Service of the Northwest Indiana REALTORS Association, Inc. All rights reserved. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
