5177 Fairway DrAvonIN46123
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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 Avon at 5177 Fairway Dr, Avon, IN, 46123 earns $217/mo cash flow from $1,513/mo rent with a $1,057/mo payment. Total monthly income totals $1,513/mo, and annual cash flow totals $2,601/yr on $71,571 capital. ROI tracks 23.54% on current figures, and rental yield reads 8.41% at a $215,900 purchase. Equity gained on principal adds $1,393/yr, and 5% annual appreciation supports $59,649 over five years. Five-year ROI reaches 122.09% and total cumulative return in cash sums $87,380. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,513/mo property income instead of your personal income.
Condo
Built in 1974
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46123, Avon, IN area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
16,424
Single Family
15,189
Multi-Family
1,235
Businesses
779
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