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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 1123 Wessel Ln, Avon, IN, 46123 generates $3,062/mo in rent and, after a $2,183/mo payment, leaves $297/mo in cash flow. Total monthly income is $3,062/mo, and annual cash flow is $3,566/yr on $147,847 invested. Return on cash invested sits at 22.32% in year one, and rental yield is 8.24% on a $445,995 entry. Equity gained on principal adds $2,878/yr, while 5% annual appreciation builds toward $123,220 over five years. Five-year ROI reaches 115.81% and total cumulative return in cash sums $171,224. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,062/mo property income rather than buyer’s personal income.
Single Family
Built in 2025
8,712 sqft lot
$N/A/sqft
$525 semi-annually 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 |
|---|---|---|
| 2025-07-11 | Listed for sale | $445,995 |
| 2025-07-09 | Listing removed | $445,995 |
| 2025-07-08 | Price change | $445,995 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
What's Special
Access Only
Listed by: Erin Hundley • Compass Indiana, LLC
Mls Name: MIBOR as distributed by MLS GRID
Mls Provider:
Mls ID: #22049610
Disclaimer: Based on information submitted to the MLS GRID as of 2025-07-12 07:57:42 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)
