1561 Claireridge Ct, Avon, IN, 46123 | 7.13% Rental Yield

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1561 Claireridge Ct, Avon, IN, 46123 | 7.13% 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 Avon at 1561 Claireridge Ct, Avon, IN, 46123 listed at $515,000 pairs $3,062/mo rent with a $2,521/mo payment. Total monthly income runs $3,062/mo. Return on cash invested measures 19.85% in year one, and rental yield registers 7.13% at a $515,000 basis. Equity gained on principal adds $3,323/yr, and annual property appreciation at 5% supports $142,285 by year five. Five-year ROI tracks 102.26% and total cumulative return in cash totals $173,269. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,062/mo property income relative to a $2,521/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Single Family

Built in 1999

0.32 Acres lot

$N/A/sqft

No HOA

More details about the property

Welcome to your dream home in the highly sought-after Bridgewater Reserve community! This former model home showcases exceptional craftsmanship, thoughtful design, and beautiful upgrades throughout. Featuring 4 spacious bedrooms, 2 full bathrooms, and 2 half bathrooms, this home offers generous living areas and a huge master closet that provides the perfect blend of comfort and luxury. Situated on nearly half an acre at the end of a peaceful cul-de-sac, this property offers both privacy and charm with a serene pond view, paved patio, and professionally landscaped yard-perfect for entertaining or relaxing outdoors. Inside, you'll find a bright and open kitchen with quartz countertops, upgraded appliances, and a large island ideal for gatherings. The real wood flooring, elegant finishes, and fully upgraded bathrooms add sophistication and warmth throughout. The finished basement is an entertainer's dream-complete with a bar/kitchen area, movie room equipped with surround sound, and plenty of additional living space. Located in a neighborhood known for excellent schools and featuring a community pool, this home truly has it all-style, space, and convenience, and it's just down the street from Murphy Aquatic Park! Don't miss this rare opportunity to own a home that combines luxury, functionality, and privacy in one of the area's most desirable communities.

Neighborhood Data

Neighborhood data shown for ZIP Code: 46123, Avon, IN area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	16,638 (100%)
Owner Occupied HU	12,897 (77.5%)
Renter Occupied HU	3,116 (18.7%)
Vacant Housing Units	625 ( 3.8%)
Median Home Value	$326,962
Average Home Value	$336,322