4966 Riley MewsCarmelIN46033
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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 Carmel at 4966 Riley Mews, Carmel, IN, 46033 offers a 6.55% rental yield on a $680,000 purchase with $3,713/mo rent. 08% in year one. Equity gained on principal adds $4,388/yr while 5% annual appreciation supports $187,871 over five years. Portfolio math shows five-year ROI at 92.78% and total cumulative return in cash at $207,564. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,713/mo property income against a $3,328/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1986
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46033, Carmel, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,917 (100%) |
| Owner Occupied HU | 12,869 (86.3%) |
| Renter Occupied HU | 1,667 (11.2%) |
| Vacant Housing Units | 381 ( 2.6%) |
| Median Home Value | $493,077 |
| Average Home Value | $583,511 |
Housing Distribution
Address Breakdown
Residential
14,650
Single Family
14,251
Multi-Family
399
Businesses
255
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