17137 Eagletown Rd, Westfield, IN, 46074 | 6.79% Rental Yield

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17137 Eagletown Rd, Westfield, IN, 46074 | 6.79% Rental Yield | Ziffy

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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

Rental property for sale in Westfield at 17137 Eagletown Rd, Westfield, IN, 46074 generates $2,460/mo in rent, after a $2,129/mo payment. Total monthly income is $2,460/mo. Return on cash invested sits at 18.65% in year one, and rental yield is 6.79% on a $434,900 entry. Equity gained on principal adds $2,806/yr, while 5% annual appreciation builds toward $120,155 over five years. Five-year ROI reaches 95.84% and total cumulative return in cash sums $138,173. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,460/mo property income rather than buyer’s personal income.

Single Family

Built in 1988

2.94 Acres lot

$N/A/sqft

No HOA

More details about the property

Come home to Westfield, country living yet close to award winning Restaurants, Entertainment, Schools, Shopping, Major highways, and so much more. Nestled on just under 3 acres, your own peace of serenity awaits you in the Wooded, tranquil oasis. 3 bedrooms, 2.5 baths, Family Room, Dining Room, Living room. Sunroom, Mudroom, and so much more. Washer and Dryer do not convey with the property. This 1.776 sq ft home is a solid custom-built home, the owner was the builder, they have lived in the home since it was built in 1988. The Range/Oven, Dishwasher, and Microwave are under two years old. The Water Heater is less than a year old.

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