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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 Westfield at 1052 Cortland Ln, Westfield, IN, 46074 offers a 7.08% rental yield on a $416,900 purchase with $2,460/mo rent. 54% in year one. Equity gained on principal adds $2,690/yr while 5% annual appreciation supports $115,182 over five years. Portfolio math shows five-year ROI at 100.58% and total cumulative return in cash at $139,002. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,460/mo property income against a $2,041/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2022
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 46074, Westfield, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,825 (100%) |
| Owner Occupied HU | 16,826 (77.1%) |
| Renter Occupied HU | 3,538 (16.2%) |
| Vacant Housing Units | 1,461 ( 6.7%) |
| Median Home Value | $463,787 |
| Average Home Value | $528,199 |
Residential
20,309
Single Family
19,958
Multi-Family
351
Businesses
970
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Jessica Shannon • Modern Real Estate
Mls Name: IRMLS
Mls ID: #202546333
