257 Strand Ln APT C, Avon, IN, 46123 | $379/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

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257 Strand Ln APT C, Avon, IN, 46123 | $379/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 257 Strand Ln APT C, Avon, IN, 46123 earns $379/mo cash flow from $1,579/mo rent with a $978/mo payment. Total monthly income totals $1,579/mo, and annual cash flow totals $4,553/yr on $66,267 capital. ROI tracks 26.78% on current figures, and rental yield reads 9.48% at a $199,900 purchase. Equity gained on principal adds $1,290/yr, and 5% annual appreciation supports $55,229 over five years. Five-year ROI reaches 139.47% and total cumulative return in cash sums $92,425. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,579/mo property income instead of your personal income.

Condo

Built in 1999

N/A lot

$N/A/sqft

No HOA

More details about the property

New and improved with a huge price drop back on the market and updated! Schedule your showing today! Discover easy condominium living at 257 Strand Ln Unit C, Avon, IN. This beautifully maintained home offers 2 spacious bedrooms, 1.5 baths, and an inviting open floor plan perfect for comfort and convenience. The cozy living room features a gas fireplace, while the stylish kitchen boasts stone countertops, shaker cabinets, and stainless steel appliances-including washer and dryer. Step outside to your private patio, ideal for relaxing or entertaining. Enjoy a low-maintenance lifestyle with an HOA that covers lawn care, snow removal, trash service, and water. Conveniently located near shopping, dining, and entertainment while offering a peaceful retreat away from the bustle.

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