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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 1237 Langham St, Avon, IN, 46123 priced at $259,900 pairs $1,843/mo rent with $283/mo cash flow after a $1,272/mo payment. Total monthly income equals $1,843/mo, and annual cash flow comes to $3,395/yr on $86,157 invested. Return on cash invested is 23.85% in year one, and rental yield stands at 8.51% on a $259,900 basis. Equity gained on principal adds $1,677/yr, and 5% annual appreciation accumulates to $71,806 by year five. Five-year ROI measures 123.72% and total cumulative return in cash reaches $106,594. For financing, Ziffy Mortgage’s DSCR program evaluates $1,843/mo property income against a $1,272/mo payment instead of your W2s, 1099s, or Tax returns.
Condo
Built in 2022
2,178 sqft lot
$N/A/sqft
No 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 |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Rosie Berzenye • T&H Realty Services, Inc.
Mls Name: MIBOR as distributed by MLS GRID
Mls ID: #22038928
