203 Avon Village Dr, Avon, IN, 46123 | $209/mo Cash Flow

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203 Avon Village Dr, Avon, IN, 46123 | $209/mo Cash Flow | 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 Avon at 203 Avon Village Dr, Avon, IN, 46123 listed at $110,000 pairs $869/mo rent with a $538/mo payment to leave $209/mo cash flow. Total monthly income runs $869/mo, and annual cash flow reaches $2,509/yr on $36,465 cash to close. Return on cash invested measures 26.79% in year one, and rental yield registers 9.48% at a $110,000 basis. Equity gained on principal adds $710/yr, and annual property appreciation at 5% supports $30,391 by year five. Five-year ROI tracks 139.6% and total cumulative return in cash totals $50,904. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $869/mo property income relative to a $538/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Manufactured

Built in 1997

5,890 sqft lot

$N/A/sqft

No HOA

More details about the property

Lovingly maintained by its original owners since 1997, this well-kept 3-bedroom, 2-bathroom home offers a smart split-floor plan and thoughtful updates throughout. Primary Suite: Privately situated with its own full bath featuring a stunning 6 x 4 walk-in tile shower with sliding glass doors. Layout: Two additional bedrooms and a second full bath are located on the opposite end of the home for added privacy. Living Spaces: An inviting open-concept kitchen, dining, and living area with a cozy wood-burning fireplace and low-maintenance laminate wood flooring. A second living room with laminate floors provides flexible use as an office, den, or media room. Kitchen: Includes a gas stove, and all appliances stay for a seamless move-in. Comfort: Electric heat and A/C, recently inspected and in excellent working order. New roof in 2020 for peace of mind. Outdoor Features: Mature landscaping and a large back deck for outdoor enjoyment. New 4 wide wood back steps and 6 wide composite entry stairs. Two mini barns for extra storage. This home combines comfort, functionality, and outdoor appeallovingly cared for by the same owners for nearly 30 years and ready for its next chapter.

Neighborhood Data

Neighborhood data shown for ZIP Code: 46123, Avon, IN area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	16,638 (100%)
Owner Occupied HU	12,897 (77.5%)
Renter Occupied HU	3,116 (18.7%)
Vacant Housing Units	625 ( 3.8%)
Median Home Value	$326,962
Average Home Value	$336,322