11886 Locus LnNoblesvilleIN46060
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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 Noblesville at 11886 Locus Ln, Noblesville, IN, 46060 earns $135/mo cash flow from $1,906/mo rent with a $1,444/mo payment. Total monthly income totals $1,906/mo, and annual cash flow totals $1,620/yr on $97,793 capital. ROI tracks 21.57% on current figures, and rental yield reads 7.75% at a $295,000 purchase. Equity gained on principal adds $1,904/yr, and 5% annual appreciation supports $81,503 over five years. Five-year ROI reaches 111.53% and total cumulative return in cash sums $109,070. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,906/mo property income instead of your personal income.
Single Family
Built in 2002
5,662 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46060, Noblesville, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,550 (100%) |
| Owner Occupied HU | 12,660 (64.8%) |
| Renter Occupied HU | 5,790 (29.6%) |
| Vacant Housing Units | 1,100 ( 5.6%) |
| Median Home Value | $345,844 |
| Average Home Value | $407,062 |
Housing Distribution
Address Breakdown
Residential
18,803
Single Family
16,481
Multi-Family
2,322
Businesses
1,419
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Listed by: Gary Ruble • Keller Williams Indy Metro NE
Mls Name: MIBOR as distributed by MLS GRID
Mls ID: #22065755