10659 Blackthorn CtFishersIN46038
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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 Fishers at 10659 Blackthorn Ct, Fishers, IN, 46038 offers a 7.77% rental yield on a $440,000 purchase with $2,850/mo rent. Total monthly income registers $2,850/mo, and a $2,154/mo payment leaves $208/mo available for distribution. Annual cash flow reaches $2,500/yr on $145,860 to close, and return on cash invested stands at 21.62% in year one. Equity gained on principal adds $2,839/yr while 5% annual appreciation supports $121,564 over five years. Portfolio math shows five-year ROI at 111.8% and total cumulative return in cash at $163,078. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,850/mo property income against a $2,154/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1992
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46038, Fishers, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,703 (100%) |
| Owner Occupied HU | 11,695 (66.1%) |
| Renter Occupied HU | 5,365 (30.3%) |
| Vacant Housing Units | 643 ( 3.6%) |
| Median Home Value | $349,324 |
| Average Home Value | $388,268 |
Housing Distribution
Address Breakdown
Residential
17,183
Single Family
15,385
Multi-Family
1,798
Businesses
1,622
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