1157 Runningbrook Ct, Avon, IN, 46123 | $114/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

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1157 Runningbrook Ct, Avon, IN, 46123 | $114/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Avon at 1157 Runningbrook Ct, Avon, IN, 46123 listed at $354,900 pairs $2,244/mo rent with a $1,737/mo payment to leave $114/mo cash flow. Total monthly income runs $2,244/mo, and annual cash flow reaches $1,364/yr on $117,649 cash to close. Return on cash invested measures 21.07% in year one, and rental yield registers 7.59% at a $354,900 basis. Equity gained on principal adds $2,290/yr, and annual property appreciation at 5% supports $98,052 by year five. Five-year ROI tracks 108.83% and total cumulative return in cash totals $128,032. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,244/mo property income relative to a $1,737/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Single Family

Built in 1994

0.27 Acres lot

$N/A/sqft

No HOA

More details about the property

Nestled in the charming town of Avon, Indiana, at 1157 Runningbrook CT, this single-family residence presents an attractive opportunity for comfortable living in a great location with NO HOA! Imagine preparing culinary delights in the kitchen, featuring shaker cabinets, crown molding, and stone countertops, where every detail contributes to a space of both beauty and functionality. The living room offers a place of relaxation and gathering, complete with a fireplace for cozy evenings and a vaulted ceiling that enhances the sense of spaciousness. The property includes three bedrooms and two full bathrooms to provide private spaces for all occupants with the main floor primary suite and two bedrooms/full bath upstairs Extending the living space outdoors, the property features a covered front porch, a deck, a fenced backyard, and an outdoor space that's ideal for enjoying the fresh air and creating lasting memories. This beautiful home offers a blend of established charm and modern comfort and is a welcoming haven where comfort meets convenience.

Neighborhood Data

Neighborhood data shown for ZIP Code: 46123, Avon, IN area.

Housing Distribution

Housing Statistics

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