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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 Avon at 109 N Avon Ave, Avon, IN, 46123 offers $1,898/mo rent that, after a $905/mo payment, leaves $788/mo cash flow. Total monthly income is $1,898/mo, and annual cash flow is $9,456/yr on $61,328 cash. Return on cash invested measures 35.33% in year one, and rental yield stands at 12.31% at a $185,000 entry. Equity gained on principal adds $1,194/yr while 5% annual appreciation compounds into $51,112 by year five. Five-year ROI records 185.25% and total cumulative return in cash reaches $113,607. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,898/mo property income versus a $905/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1954
0.36 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 46123, Avon, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,638 (100%) |
| Owner Occupied HU | 12,897 (77.5%) |
| Renter Occupied HU | 3,116 (18.7%) |
| Vacant Housing Units | 625 ( 3.8%) |
| Median Home Value | $326,962 |
| Average Home Value | $336,322 |
Residential
16,424
Single Family
15,189
Multi-Family
1,235
Businesses
779
Date | Event | Price |
|---|---|---|
| 2025-06-18 | Sold | $185,000 |
| 2025-05-27 | Pending sale | $215,000 |
| 2025-05-23 | Price change | $215,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-13 | $1372.00 | 2.39% | $147,400 | 8.86% |
| 2023-10-13 | $1340.04 | 5.30% | $135,400 | 4.48% |
| 2022-10-13 | $1272.56 | 8.72% | $129,600 | 11.15% |
What's Special
Access Only
Listed by: Kristy Hash • Acup Team, LLC
Mls Name: MIBOR as distributed by MLS GRID
Mls Provider:
Mls ID: #22036645
Disclaimer: Based on information submitted to the MLS GRID as of 2025-10-13 04:48:04 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)
