1275 Stonehaven DrWestfieldIN46074
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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
Investment property for sale in Westfield at 1275 Stonehaven Dr, Westfield, IN, 46074 uses $269,780 cash to close to unlock $2,126/yr annual cash flow and $177/mo monthly cash flow. Total monthly income runs $5,099/mo, and a $4,013/mo payment keeps the spread at $177/mo. Purchase price stands at $820,000, and rental yield measures 7.46% with $5,099/mo rent. Return on cash invested shows 20.85% in year one, and 5% annual appreciation builds toward $226,551 over five years. Five-year ROI reaches 107.6% and total cumulative return in cash records $290,291. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $5,099/mo property income covering a $4,013/mo payment rather than investor’s personal income.
Single Family
Built in 2023
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46074, Westfield, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,825 (100%) |
| Owner Occupied HU | 16,826 (77.1%) |
| Renter Occupied HU | 3,538 (16.2%) |
| Vacant Housing Units | 1,461 ( 6.7%) |
| Median Home Value | $463,787 |
| Average Home Value | $528,199 |
Housing Distribution
Address Breakdown
Residential
20,309
Single Family
19,958
Multi-Family
351
Businesses
970
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