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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% |
Investment property for sale in Fishers at 12816 Ramsgate Ct, Fishers, IN, 46038 offers a 8.64% rental yield on a $350,000 purchase with $2,520/mo rent. Total monthly income registers $2,520/mo, and a $1,713/mo payment leaves $419/mo available for distribution. Annual cash flow reaches $5,029/yr on $116,025 to close, and return on cash invested stands at 24.24% in year one. Equity gained on principal adds $2,258/yr while 5% annual appreciation supports $96,699 over five years. Portfolio math shows five-year ROI at 125.87% and total cumulative return in cash at $146,042. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,520/mo property income against a $1,713/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1997
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 46038, Fishers, IN area.
| 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 |
Residential
17,183
Single Family
15,385
Multi-Family
1,798
Businesses
1,622
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: Stephanie Evelo • Keller Williams Indy Metro NE
Mls Name: MIBOR as distributed by MLS GRID
Mls ID: #22059981
