248 Waterford CtAvonIN46123
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Avon at 248 Waterford Ct, Avon, IN, 46123 at $253,000 posts ROI 28.8% with $622/mo cash flow from $2,350/mo rent. Total monthly income equals $2,350/mo, and annual cash flow records $7,459/yr on $83,870 to close. Return on cash invested measures 28.8% and rental yield reads 11.15% at the current $253,000. Equity gained on principal adds $1,633/yr, and 5% annual appreciation supports $69,899 by year five. Five-year ROI prints 151.38% and total cumulative return in cash totals $126,964.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,350/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Condo
Built in 2004
6,534 sqft lot
$N/A/sqft
$210 monthly HOA
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 |
Housing Distribution
Address Breakdown
Residential
16,424
Single Family
15,189
Multi-Family
1,235
Businesses
779
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Nearby investment properties with comparable prices
Listed by: Ian Bell • eXpert, REALTORS
Mls Name: MIBOR as distributed by MLS GRID
Mls Provider:
Mls ID: #22005086
Disclaimer: Based on information submitted to the MLS GRID as of 2025-10-25 05:18:01 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)