








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Investment property for sale in Carmel at 12517 Timber Creek Dr UNIT 2, Carmel, IN, 46032 earns $744/mo cash flow from $2,395/mo rent with a $1,346/mo payment. Total monthly income totals $2,395/mo, and annual cash flow totals $8,931/yr on $91,163 capital. ROI tracks 29.71% on current figures, and rental yield reads 10.45% at a $275,000 purchase. Equity gained on principal adds $1,775/yr, and 5% annual appreciation supports $75,977 over five years. Five-year ROI reaches 155.17% and total cumulative return in cash sums $141,455. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,395/mo property income instead of your personal income.
Condo
Built in 2025
1,306 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 46032, Carmel, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,816 (100%) |
| Owner Occupied HU | 13,773 (57.8%) |
| Renter Occupied HU | 8,288 (34.8%) |
| Vacant Housing Units | 1,755 ( 7.4%) |
| Median Home Value | $512,292 |
| Average Home Value | $642,862 |
Residential
21,546
Single Family
16,806
Multi-Family
4,740
Businesses
2,596
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: Joshua Vida • Paradigm Realty Solutions
Mls Name: MIBOR as distributed by MLS GRID
Mls ID: #22062747