17320 Joliet Rd, Westfield, IN, 46074 | 3.7% Rental Yield

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Monthly Cash Flow: 1 - 3k+

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17320 Joliet Rd, Westfield, IN, 46074 | 3.7% 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 Westfield at 17320 Joliet Rd, Westfield, IN, 46074 listed at $1,100,000 pairs $3,390/mo rent with a $5,384/mo payment. Total monthly income runs $3,390/mo. Return on cash invested measures 9.55% in year one, and rental yield registers 3.7% at a $1,100,000 basis. Equity gained on principal adds $7,098/yr, and annual property appreciation at 5% supports $303,910 by year five. Five-year ROI tracks 46.95% and total cumulative return in cash totals $167,323. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,390/mo property income relative to a $5,384/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Single Family

Built in 1990

3.96 Acres lot

$N/A/sqft

No HOA

More details about the property

Beautiful unique home in Westfield on almost 4 acres with a newer barn. Enjoy the manicured yard and country living but still close to amenities like shopping and schools. This home has been a labor of love for current owners with all the improvements they have made over the years. See supplements for list. The back of the property line runs along the creek. The house has multi levels with 4 large bedrooms and 3 full baths upstairs. The kitchen has a 10X5 custom made center island and wood beams with wood used from trees on the property. The back yard has great space for entertaining with 2 level stamped concrete patio. Front porch has been expanded, new modern railing and corrugated steel shirt. All new flooring throughout home and everything repainted. 4 fireplaces! All dead trees and undergrowth were removed area seeded to create this amazing property. Outside of home was just repainted 6/2025. See pictures for further details. Come see for yourself.

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