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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Westfield at 19493 Grassy Branch Rd, Westfield, IN, 46074 generates $2,640/mo in rent and, after a $1,325/mo payment, leaves $861/mo in cash flow. Total monthly income is $2,640/mo, and annual cash flow is $10,332/yr on $89,738 invested. Return on cash invested sits at 31.42% in year one, and rental yield is 11.7% on a $270,703 entry. Equity gained on principal adds $1,747/yr, while 5% annual appreciation builds toward $74,790 over five years. Five-year ROI reaches 165.06% and total cumulative return in cash sums $148,122. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,640/mo property income rather than buyer’s personal income.
Townhouse
Built in 2025
1,742 sqft lot
$N/A/sqft
$154 monthly HOA
Neighborhood data shown for ZIP Code: 46074, Westfield, IN area.
| 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 |
Residential
20,309
Single Family
19,958
Multi-Family
351
Businesses
970
Date | Event | Price |
|---|---|---|
| 2025-03-10 | Listed for sale | $270,703 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-03-12 | $13.98 | N/A | $600 | N/A |
| 2023-03-12 | N/A | N/A | $600 | N/A |
Listed by: Peg Tharp Atherton • F.C. Tucker Company
Mls Name: MIBOR as distributed by MLS GRID
Mls Provider:
Mls ID: #22025996
Disclaimer: Based on information submitted to the MLS GRID as of 2025-03-12 08:08:24 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. [Click here for more information](/mls-disclaimers/#48)
