13410 White Granite Dr UNIT 1200FishersIN46038
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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 Fishers at 13410 White Granite Dr UNIT 1200, Fishers, IN, 46038 uses $67,792 cash to close to unlock $13,804/yr annual cash flow and $1,150/mo monthly cash flow. Total monthly income runs $2,378/mo, and a $1,001/mo payment keeps the spread at $1,150/mo. Purchase price stands at $204,500, and rental yield measures 13.95% with $2,378/mo rent. Return on cash invested shows 40.27% in year one, and 5% annual appreciation builds toward $56,500 over five years. Five-year ROI reaches 211.84% and total cumulative return in cash records $143,609. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,378/mo property income covering a $1,001/mo payment rather than investor’s personal income.
Condo
Built in 2007
1,306 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46038, Fishers, IN area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
17,183
Single Family
15,385
Multi-Family
1,798
Businesses
1,622
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