121 Northland St, Fishers, IN, 46038 | $359/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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121 Northland St, Fishers, IN, 46038 | $359/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 Fishers at 121 Northland St, Fishers, IN, 46038 at $360,000 posts ROI 23.52% with $359/mo cash flow from $2,520/mo rent. Total monthly income equals $2,520/mo, and annual cash flow records $4,308/yr on $119,340 to close. Return on cash invested measures 23.52% and rental yield reads 8.4% at the current $360,000. Equity gained on principal adds $2,323/yr, and 5% annual appreciation supports $99,461 by year five. Five-year ROI prints 121.94% and total cumulative return in cash totals $145,521.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,520/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).

Single Family

Built in 1983

0.42 Acres lot

$N/A/sqft

No HOA

More details about the property

Wow, a three bedroom, two bath ranch in Sunblest with a basement. What great space this basement offers for hobbies, kids play area or a man cave. This 1,000+ squae feet really ad some get space to this 1600 square foot ranch. Update kitchen, master bath and more. All this on almost a half acre lot. Note: there is also additional parking in the driveway and space for a boat or RV on the side of the house. Come check it out, Open Sunday, December 14th from 1-3.

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