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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% |
Investment property for sale in Westfield at 408 Elite St #2-603, Westfield, IN, 46074 listed at $494,990 pairs $2,640/mo rent with a $2,423/mo payment. Total monthly income runs $2,640/mo. Return on cash invested measures 15.36% in year one, and rental yield registers 6.4% at a $494,990 basis. Equity gained on principal adds $3,194/yr, and annual property appreciation at 5% supports $136,757 by year five. Five-year ROI tracks 78.99% and total cumulative return in cash totals $129,619. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,640/mo property income relative to a $2,423/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Townhouse
Built in 2025
871.20 sqft lot
$N/A/sqft
$290 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 |
|---|---|---|
| 2025-05-29 | Listed for sale | $494,990 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Marie Edwards • HMS Real Estate, LLC
Mls Name: MIBOR as distributed by MLS GRID
Mls Provider:
Mls ID: #22041857
Disclaimer: Based on information submitted to the MLS GRID as of 2025-05-30 07:38:00 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)
