16247 Countryside BlvdWestfieldIN46074
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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 Westfield at 16247 Countryside Blvd, Westfield, IN, 46074 uses $155,109 cash to close to unlock $4,895/yr annual cash flow and $408/mo monthly cash flow. Total monthly income runs $3,661/mo, and a $2,290/mo payment keeps the spread at $408/mo. Purchase price stands at $467,900, and rental yield measures 9.39% with $3,661/mo rent. Return on cash invested shows 23.06% in year one, and 5% annual appreciation builds toward $129,272 over five years. Five-year ROI reaches 120.76% and total cumulative return in cash records $187,306. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,661/mo property income covering a $2,290/mo payment rather than investor’s personal income.
Single Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46074, Westfield, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,825 (100%) |
| Owner Occupied HU | 16,826 (77.1%) |
| Renter Occupied HU | 3,538 (16.2%) |
| Vacant Housing Units | 1,461 ( 6.7%) |
| Median Home Value | $463,787 |
| Average Home Value | $528,199 |
Housing Distribution
Address Breakdown
Residential
20,309
Single Family
19,958
Multi-Family
351
Businesses
970
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