513 Conner Creek Dr, Fishers, IN, 46038 | $847/mo Cash Flow

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Monthly Cash Flow: 1 - 3k+

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513 Conner Creek Dr, Fishers, IN, 46038 | $847/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Fishers at 513 Conner Creek Dr, Fishers, IN, 46038 priced at $255,000 pairs $2,378/mo rent with $847/mo cash flow after a $1,248/mo payment. Total monthly income equals $2,378/mo, and annual cash flow comes to $10,168/yr on $84,533 invested. Return on cash invested is 31.94% in year one, and rental yield stands at 11.19% on a $255,000 basis. Equity gained on principal adds $1,645/yr, and 5% annual appreciation accumulates to $70,452 by year five. Five-year ROI measures 167.14% and total cumulative return in cash reaches $141,284. For financing, Ziffy Mortgage’s DSCR program evaluates $2,378/mo property income against a $1,248/mo payment instead of your W2s, 1099s, or Tax returns.

Condo

Built in 1983

1,742 sqft lot

$N/A/sqft

No HOA

More details about the property

Welcome to your new home in the highly desirable Conner Creek community! This amazing 2-bedroom, two and a half bath condo offers the perfect blend of comfort, style, and convenience. Step into a dramatic 2-story entry that leads into a spacious great room featuring a cozy gas fireplace-perfect for relaxing or entertaining. The open concept layout flows seamlessly into the kitchen, which boasts stainless steel appliances and plenty of counter space. Enjoy meals in the formal dining room or the sunny eat-in kitchen area. The main level primary suite, currently used as an office, includes a full bath with a tub and shower combo as well as master walk in closet with plenty of space. Also on the main floor are a convenient half bath and laundry room. Upstairs, you'll find a generous loft space ideal for a home office, reading nook, or play area. The second master suite includes a full bath with a tub and a walk-in closet. Step outside to enjoy your brand-new fenced wood patio-perfect for entertaining, grilling, or relaxing outdoors. A one-car attached garage adds convenience and security. Don't miss the opportunity to make this beautifully maintained condo your next home. Schedule your private showing today!

Neighborhood Data

Neighborhood data shown for ZIP Code: 46038, Fishers, IN area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	17,703 (100%)
Owner Occupied HU	11,695 (66.1%)
Renter Occupied HU	5,365 (30.3%)
Vacant Housing Units	643 ( 3.6%)
Median Home Value	$349,324
Average Home Value	$388,268