4913 Waterline StMcCordsvilleIN46055
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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
Investment property for sale in McCordsville at 4913 Waterline St, McCordsville, IN, 46055 listed at $526,995 pairs $3,122/mo rent with a $2,579/mo payment. Total monthly income runs $3,122/mo. Return on cash invested measures 19.78% in year one, and rental yield registers 7.11% at a $526,995 basis. Equity gained on principal adds $3,401/yr, and annual property appreciation at 5% supports $145,599 by year five. Five-year ROI tracks 101.84% and total cumulative return in cash totals $176,567. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,122/mo property income relative to a $2,579/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2026
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46055, Mc Cordsville, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,884 (100%) |
| Owner Occupied HU | 5,875 (85.3%) |
| Renter Occupied HU | 683 ( 9.9%) |
| Vacant Housing Units | 326 ( 4.7%) |
| Median Home Value | $345,800 |
| Average Home Value | $387,714 |
Housing Distribution
Address Breakdown
Residential
6,314
Single Family
6,161
Multi-Family
153
Businesses
243
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Listed by: Alexander McCormick • Ridgeline Realty, LLC
Mls Name: MIBOR as distributed by MLS GRID
Mls ID: #22079962