13081 Grand Vue Dr, Carmel, IN, 46032 | 5.4% Rental Yield

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13081 Grand Vue Dr, Carmel, IN, 46032 | 5.4% Rental Yield | 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 Carmel at 13081 Grand Vue Dr, Carmel, IN, 46032 listed at $480,000 pairs $2,160/mo rent with a $2,349/mo payment. Total monthly income runs $2,160/mo. Return on cash invested measures 14.47% in year one, and rental yield registers 5.4% at a $480,000 basis. Equity gained on principal adds $3,097/yr, and annual property appreciation at 5% supports $132,615 by year five. Five-year ROI tracks 73.43% and total cumulative return in cash totals $116,849. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,160/mo property income relative to a $2,349/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Condo

Built in 2016

1,742 sqft lot

$N/A/sqft

No HOA

More details about the property

Welcome home to 13081 Grand Vue Drive in the highly desirable Townhomes at Grand and Main! This spacious townhome offers 3 levels of living space, custom blinds, upgrades throughout and so much more. On the main level you will find a spacious dining room, family room with gas fireplace and a chef's dream kitchen with a double oven gas range, oversized center island with granite countertops and a food pantry. Leading out from the kitchen is a nicely sized deck area. The upper level boasts a large primary ensuite with vaulted ceilings in the bedroom and a tiled shower and walk in closet in the bathroom. Secondary bedroom, additional full bathroom and loft space that could easily be converted to a 3rd bedroom are also on the upper level. The bonus room on the lower level is perfect for entertaining guests with it's wet bar, wine fridge and additional full bathroom. Meticulous oversized 2 car garage with epoxy floors. Incredible location that is walking distance to all that downtown Carmel has to offer.

Neighborhood Data

Neighborhood data shown for ZIP Code: 46032, Carmel, IN area.

Housing Distribution

Housing Statistics

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