1579 Hannibal StNoblesvilleIN46060
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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 Noblesville at 1579 Hannibal St, Noblesville, IN, 46060 listed at $180,500 pairs $1,200/mo rent with a $883/mo payment to leave $117/mo cash flow. Total monthly income runs $1,200/mo, and annual cash flow reaches $1,403/yr on $59,836 cash to close. Return on cash invested measures 22.25% in year one, and rental yield registers 7.98% at a $180,500 basis. Equity gained on principal adds $1,165/yr, and annual property appreciation at 5% supports $49,869 by year five. Five-year ROI tracks 115.14% and total cumulative return in cash totals $68,898. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,200/mo property income relative to a $883/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1900
9,147 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46060, Noblesville, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,550 (100%) |
| Owner Occupied HU | 12,660 (64.8%) |
| Renter Occupied HU | 5,790 (29.6%) |
| Vacant Housing Units | 1,100 ( 5.6%) |
| Median Home Value | $345,844 |
| Average Home Value | $407,062 |
Housing Distribution
Address Breakdown
Residential
18,803
Single Family
16,481
Multi-Family
2,322
Businesses
1,419
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Listed by: Tyler Provence • Carpenter, REALTORS
Mls Name: MIBOR as distributed by MLS GRID
Mls ID: #22079640