12515 Traverse Pl, Fishers, IN, 46038 | $215/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

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12515 Traverse Pl, Fishers, IN, 46038 | $215/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 12515 Traverse Pl, Fishers, IN, 46038 listed at $315,000 pairs $2,106/mo rent with a $1,542/mo payment to leave $215/mo cash flow. Total monthly income runs $2,106/mo, and annual cash flow reaches $2,578/yr on $104,423 cash to close. Return on cash invested measures 22.38% in year one, and rental yield registers 8.02% at a $315,000 basis. Equity gained on principal adds $2,033/yr, and annual property appreciation at 5% supports $87,029 by year five. Five-year ROI tracks 115.84% and total cumulative return in cash totals $120,965. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,106/mo property income relative to a $1,542/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Single Family

Built in 1991

0.25 Acres lot

$N/A/sqft

No HOA

More details about the property

Charming brick ranch on oversized corner lot in Sunblest Farms. This beautifully maintained home has 3 bedrooms, 2 baths and offers a perfect blend of comfort and convenience. Step inside to find a bright and spacious living area w/ custom built ins and engineered hardwood floors. Kitchen equipped with abundant cabinet and counter space and a cozy breakfast area for dining. Primary bedroom has spacious walk in closet providing that extra needed space. Enjoy the sun room perfect for morning coffee or quiet evenings. Gorgeous fully fenced backyard w/ mini barn offers plenty of space for outdoor activities and entertaining. Ideally located minutes from the heart of Fishers and the vibrant Nickel Plate District, with shopping, dining and entertainment. Enjoy all the fun at the neighborhood pool and playground across the street offering easy access to the amenities while still maintaining a serene setting. All of this within the top ranked HSE School District!

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