11267 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 11267 Harrington Ln, Fishers, IN, 46038 uses $107,323 cash to close to unlock $6,914/yr annual cash flow and $576/mo monthly cash flow. Total monthly income runs $2,520/mo, and a $1,585/mo payment keeps the spread at $576/mo. Purchase price stands at $323,750, and rental yield measures 9.34% with $2,520/mo rent. Return on cash invested shows 26.35% in year one, and 5% annual appreciation builds toward $89,446 over five years. Five-year ROI reaches 137.17% and total cumulative return in cash records $147,220. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,520/mo property income covering a $1,585/mo payment rather than investor’s personal income.
Single Family
Built in 1996
5,227 sqft lot
$N/A/sqft
No 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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