11226 Harrington LnFishersIN46038
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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 11226 Harrington Ln, Fishers, IN, 46038 listed at $337,800 pairs $2,586/mo rent with a $1,653/mo payment to leave $488/mo cash flow. Total monthly income runs $2,586/mo, and annual cash flow reaches $5,855/yr on $111,981 cash to close. Return on cash invested measures 25.14% in year one, and rental yield registers 9.19% at a $337,800 basis. Equity gained on principal adds $2,180/yr, and annual property appreciation at 5% supports $93,328 by year five. Five-year ROI tracks 130.9% and total cumulative return in cash totals $146,580. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,586/mo property income relative to a $1,653/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1995
5,040 sqft lot
$N/A/sqft
$20 monthly 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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