423 Westward DrButlerIN46721
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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 Butler at 423 Westward Dr, Butler, IN, 46721 at $296,700 posts ROI 28.55% with $708/mo cash flow from $2,489/mo rent. Total monthly income equals $2,489/mo, and annual cash flow records $8,498/yr on $98,356 to close. Return on cash invested measures 28.55% and rental yield reads 10.07% at the current $296,700. Equity gained on principal adds $1,915/yr, and 5% annual appreciation supports $81,973 by year five. Five-year ROI prints 148.96% and total cumulative return in cash totals $146,516.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,489/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2025
0.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46721, Butler, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,020 (100%) |
| Owner Occupied HU | 1,438 (71.2%) |
| Renter Occupied HU | 465 (23.0%) |
| Vacant Housing Units | 117 ( 5.8%) |
| Median Home Value | $187,209 |
| Average Home Value | $231,507 |
Housing Distribution
Address Breakdown
Residential
1,931
Single Family
1,928
Multi-Family
3
Businesses
117
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Listed by: Nolan Allred • CENTURY 21 Bradley Realty, Inc
Mls Name: IRMLS
Mls Provider:
Mls ID: #202523434
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.