10837 Mansfield Way, Ingalls, IN, 46048 | $718/mo Cash Flow

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Monthly Cash Flow: 1 - 3k+

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10837 Mansfield Way, Ingalls, IN, 46048 | $718/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Ingalls at 10837 Mansfield Way, Ingalls, IN, 46048 offers a 10.4% rental yield on a $270,000 purchase with $2,339/mo rent. Total monthly income registers $2,339/mo, and a $1,322/mo payment leaves $718/mo available for distribution. Annual cash flow reaches $8,613/yr on $89,505 to close, and return on cash invested stands at 29.53% in year one. Equity gained on principal adds $1,742/yr while 5% annual appreciation supports $74,596 over five years. Portfolio math shows five-year ROI at 154.21% and total cumulative return in cash at $138,025. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,339/mo property income against a $1,322/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 2012

7,840 sqft lot

$N/A/sqft

No HOA

More details about the property

HONEY STOP THE CAR!!! Welcome to this charming two-story home, perfectly situated on a spacious corner lot in a desirable neighborhood of Prairie Hollow. Offering 4 generously sized bedrooms and ample living space, this home blends comfort, functionality, and curb appeal. Step inside to find a light-filled interior featuring a welcoming living area, a modern kitchen with plenty of cabinet space, and an open-concept layout ideal for both everyday living and entertaining. Upstairs, the private bedroom provides a peaceful retreat, including a spacious primary suite with ensuite bath and large closet. The finished basement offers even more versatility-perfect for extra storage, a playroom, or even a cozy movie theater setup. It's the ideal space to adapt to your lifestyle needs. Outside, enjoy the added privacy and yard space that only a corner lot can provide-ideal for outdoor gatherings, gardening, or relaxing evenings on the patio. With its ideal location, thoughtful layout, and room to grow, this home is a true standout. Don't miss the opportunity to make it yours! Simply safe alarm system, refrigerator in garage, curtains, wall mounted gas heater in basement and humidifier to stay. Roof 2025, Tankless water heater 2023 and HVAC 2022. Tv Screen and projector will not stay.

Neighborhood Data

Neighborhood data shown for ZIP Code: 46048, Ingalls, IN area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	759 (100%)
Owner Occupied HU	603 (79.4%)
Renter Occupied HU	118 (15.5%)
Vacant Housing Units	38 ( 5.0%)
Median Home Value	$209,949
Average Home Value	$246,874