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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 Fishers at 11109 Lake Run Dr, Fishers, IN, 46038 uses $102,765 cash to close to unlock $3,945/yr annual cash flow and $329/mo monthly cash flow. Total monthly income runs $2,206/mo, and a $1,517/mo payment keeps the spread at $329/mo. Purchase price stands at $310,000, and rental yield measures 8.54% with $2,206/mo rent. Return on cash invested shows 23.75% in year one, and 5% annual appreciation builds toward $85,647 over five years. Five-year ROI reaches 123.25% and total cumulative return in cash records $126,655. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,206/mo property income covering a $1,517/mo payment rather than investor’s personal income.
Single Family
Built in 1991
5,662 sqft lot
$N/A/sqft
$200 annually HOA
Neighborhood data shown for ZIP Code: 46038, Fishers, IN area.
| 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 |
Residential
17,183
Single Family
15,385
Multi-Family
1,798
Businesses
1,622
Date | Event | Price |
|---|---|---|
| 2025-08-21 | Listed for sale | $310,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-08-22 | $1644.72 | 2.00% | $260,000 | 5.52% |
| 2023-08-22 | $1612.48 | 2.00% | $246,400 | 13.81% |
| 2022-08-22 | $1580.86 | -2.13% | $216,500 | 22.04% |
What's Special
Pull Down Stairs
Listed by: Robert Robey • Berkshire Hathaway Home
Mls Name: MIBOR as distributed by MLS GRID
Mls Provider:
Mls ID: #22058018
Disclaimer: Based on information submitted to the MLS GRID as of 2025-08-22 07:52:52 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)
