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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Avon at 5175 Vantage Point Rd #31, Avon, IN, 46123 generates $1,504/mo in rent and, after a $920/mo payment, leaves $376/mo in cash flow. Total monthly income is $1,504/mo, and annual cash flow is $4,508/yr on $62,322 invested. Return on cash invested sits at 27.14% in year one, and rental yield is 9.6% on a $188,000 entry. Equity gained on principal adds $1,213/yr, while 5% annual appreciation builds toward $51,941 over five years. Five-year ROI reaches 141.42% and total cumulative return in cash sums $88,136. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,504/mo property income rather than buyer’s personal income.
Condo
Built in 1974
N/A lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 46123, Avon, IN area.
| 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 |
Residential
16,424
Single Family
15,189
Multi-Family
1,235
Businesses
779
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Joe Pritchett • Pritchett Property Group LLC
Mls Name: MIBOR as distributed by MLS GRID
Mls ID: #22076340
