12596 Cattle Ridge DrNoblesvilleIN46060
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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
Rental property for sale in Noblesville at 12596 Cattle Ridge Dr, Noblesville, IN, 46060 generates $2,578/mo in rent and, after a $1,498/mo payment, leaves $741/mo in cash flow. Total monthly income is $2,578/mo, and annual cash flow is $8,890/yr on $101,436 invested. Return on cash invested sits at 28.67% in year one, and rental yield is 10.11% on a $305,990 entry. Equity gained on principal adds $1,975/yr, while 5% annual appreciation builds toward $84,539 over five years. Five-year ROI reaches 149.59% and total cumulative return in cash sums $151,736. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,578/mo property income rather than buyer’s personal income.
Townhouse
Built in 2025
N/A 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: N/A • M/I Homes
Mls Name: M/I Homes
Mls Provider:
Mls ID: #N/A