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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% |
Rental property for sale in Noblesville at 10477 Platinum Dr, Noblesville, IN, 46060 generates $2,160/mo in rent and, after a $1,199/mo payment, leaves $631/mo in cash flow. Total monthly income is $2,160/mo, and annual cash flow is $7,578/yr on $81,218 invested. Return on cash invested sits at 29.24% in year one, and rental yield is 10.58% on a $245,000 entry. Equity gained on principal adds $1,581/yr, while 5% annual appreciation builds toward $67,689 over five years. Five-year ROI reaches 152.98% and total cumulative return in cash sums $124,248. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,160/mo property income rather than buyer’s personal income.
Townhouse
Built in 2005
4,356 sqft lot
$N/A/sqft
$58 monthly HOA
Neighborhood data shown for ZIP Code: 46060, Noblesville, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,550 (100%) |
| Owner Occupied HU | 12,660 (64.8%) |
| Renter Occupied HU | 5,790 (29.6%) |
| Vacant Housing Units | 1,100 ( 5.6%) |
| Median Home Value | $345,844 |
| Average Home Value | $407,062 |
Residential
18,803
Single Family
16,481
Multi-Family
2,322
Businesses
1,419
Date | Event | Price |
|---|---|---|
| 2025-10-24 | Price change | $245,000 |
| 2025-09-25 | Listed for sale | $250,000 |
| 2021-03-26 | Sold | $173,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-27 | $1459.14 | -4.10% | $136,200 | -1.02% |
| 2023-10-27 | $1521.60 | 7.69% | $137,600 | 5.28% |
| 2022-10-27 | $1412.88 | -54.63% | $130,700 | 6.17% |
Listed by: Irina Galbreath • Trueblood Real Estate
Mls Name: MIBOR as distributed by MLS GRID
Mls Provider:
Mls ID: #22064868
Disclaimer: Based on information submitted to the MLS GRID as of 2025-10-27 06:13:20 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. [Click here for more information](/mls-disclaimers/#48)
