9352 E Kiser Lake DrNorth WebsterIN46555
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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 North Webster at 9352 E Kiser Lake Dr, North Webster, IN, 46555 offers a 10.27% rental yield on a $474,000 purchase with $4,056/mo rent. Total monthly income registers $4,056/mo, and a $2,320/mo payment leaves $1,211/mo available for distribution. Annual cash flow reaches $14,528/yr on $157,131 to close, and return on cash invested stands at 29.15% in year one. Equity gained on principal adds $3,059/yr while 5% annual appreciation supports $130,957 over five years. Portfolio math shows five-year ROI at 152.18% and total cumulative return in cash at $239,117. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,056/mo property income against a $2,320/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1996
0.42 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46555, North Webster, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,881 (100%) |
| Owner Occupied HU | 994 (52.8%) |
| Renter Occupied HU | 233 (12.4%) |
| Vacant Housing Units | 654 (34.8%) |
| Median Home Value | $276,596 |
| Average Home Value | $332,050 |
Housing Distribution
Address Breakdown
Residential
1,155
Single Family
1,155
Multi-Family
0
Businesses
186
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Listed by: Jackie Mahony • Coldwell Banker Real Estate Group
Mls Name: IRMLS
Mls Provider:
Mls ID: #202503417
Disclaimer: 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.