414 Winterwood DrAvonIN46123
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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
Investment Highlights
Rental property for sale in Avon at 414 Winterwood Dr, Avon, IN, 46123 priced at $343,000 converts $2,660/mo rent into $601/mo cash flow after a $1,679/mo obligation. Total monthly income equals $2,660/mo, and annual cash flow totals $7,210/yr on $113,705 invested. Return on cash invested prints 26.25% in year one, and rental yield reads 9.31% against a $343,000 entry. Equity gained on principal adds $2,213/yr, while 5% annual appreciation compiles into $94,765 by year five. Five-year ROI reaches 136.59% and total cumulative return in cash sums $155,304. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,660/mo property income covering a $1,679/mo payment, not borrower’s personal income.
Single Family
Built in 1994
10,454 sqft lot
$N/A/sqft
No 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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