14610 Village Park East Dr, Carmel, IN, 46033 | $767/mo Cash Flow

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14610 Village Park East Dr, Carmel, IN, 46033 | $767/mo Cash Flow | 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 14610 Village Park East Dr, Carmel, IN, 46033 offers a 9.89% rental yield on a $342,000 purchase with $2,820/mo rent. Total monthly income registers $2,820/mo, and a $1,674/mo payment leaves $767/mo available for distribution. Annual cash flow reaches $9,203/yr on $113,373 to close, and return on cash invested stands at 28.03% in year one. Equity gained on principal adds $2,207/yr while 5% annual appreciation supports $94,488 over five years. Portfolio math shows five-year ROI at 146.13% and total cumulative return in cash at $165,670. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,820/mo property income against a $1,674/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 1990

6,969 sqft lot

$N/A/sqft

No HOA

More details about the property

Come check out this three bedroom, two bath home in Village Park Estates-- perfect for a first time homeowner or investment property. This ranch offers open-concept living including the great room with fireplace & vaulted ceiling. The entire home has brand new flooring, fresh paint, new lighting and more! The spacious primary has a new double sink vanity, new shower insert and a walk-in closet! Kitchen cabinets and bathroom vanity have been painted- as well as all the trim work and doors. The covered porch looks out to the private back yard. The proximity to restaurants, workout facilities, and Clay Terrace mall is outstanding!

Neighborhood Data

Neighborhood data shown for ZIP Code: 46033, Carmel, IN area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	14,917 (100%)
Owner Occupied HU	12,869 (86.3%)
Renter Occupied HU	1,667 (11.2%)
Vacant Housing Units	381 ( 2.6%)
Median Home Value	$493,077
Average Home Value	$583,511