10819 Upland WayNoblesvilleIN46060
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeSolid fundamentals define the investment case at 10819 Upland Way, Noblesville, IN, 46060 in Noblesville: $2,527/mo in rent, $487/mo in net income, 8.92% gross yield, 1.65 DSCR, all at $339,900. Ziffy Mortgage's DSCR mortgage qualifies using the property's income alone, clearing approval without U.S. residency or credit. Five-year equity from $93,908 in appreciation and $3,131/yr in principal paydown projects total cumulative return of $159,986.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.9% | 6.0% |
| Monthly Cash Flow | $487 | $1,200 |
City averages based on Noblesville market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,527 |
| Total Monthly Debt Service | $1,905 |
| DSCR Ratio | 1.33x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2001
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46060, Noblesville, IN area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
18,803
Single Family
16,481
Multi-Family
2,322
Businesses
1,419
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 2001
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46060, Noblesville, IN area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
18,803
Single Family
16,481
Multi-Family
2,322
Businesses
1,419
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Risa Pisano • United Real Estate Indpls
Mls Name: MIBOR as distributed by MLS GRID
Mls ID: #22060996