Lancia's Wilshire 5 Plan, Noble Creek, KendallvilleKendallvilleIN46755
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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 Kendallville at Lancia's Wilshire 5 Plan, Noble Creek, Kendallville, Kendallville, IN, 46755 at $234,400 posts ROI 17.98% with from $1,320/mo rent. Total monthly income equals $1,320/mo. Return on cash invested measures 17.98% and rental yield reads 6.76% at the current $234,400. Equity gained on principal adds $1,513/yr, and 5% annual appreciation supports $64,760 by year five. Five-year ROI prints 92.53% and total cumulative return in cash totals $71,900. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,320/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2025
N/A lot
$N/A/sqft
$38 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46755, Kendallville, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,806 (100%) |
| Owner Occupied HU | 4,479 (65.8%) |
| Renter Occupied HU | 1,833 (26.9%) |
| Vacant Housing Units | 494 ( 7.3%) |
| Median Home Value | $205,982 |
| Average Home Value | $263,814 |
Housing Distribution
Address Breakdown
Residential
6,412
Single Family
6,211
Multi-Family
201
Businesses
547
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Listed by: N/A • Lancia Homes
Mls Name: Lancia Homes
Mls ID: #N/A