








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 Avon at 267 Poplar Grove Dr, Avon, IN, 46123 priced at $340,000 converts $2,244/mo rent into $203/mo cash flow after a $1,664/mo obligation. Total monthly income equals $2,244/mo, and annual cash flow totals $2,438/yr on $112,710 invested. Return on cash invested prints 22.07% in year one, and rental yield reads 7.92% against a $340,000 entry. Equity gained on principal adds $2,194/yr, while 5% annual appreciation compiles into $93,936 by year five. Five-year ROI reaches 114.23% and total cumulative return in cash sums $128,754. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,244/mo property income covering a $1,664/mo payment, not borrower’s personal income.
Single Family
Built in 1992
0.46 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 46123, Avon, IN area.
| 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 |
Residential
16,424
Single Family
15,189
Multi-Family
1,235
Businesses
779
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: Lynn Roberts • Home Pro USA, Inc
Mls Name: MIBOR as distributed by MLS GRID
Mls ID: #22067655