5491 Summerton 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 5491 Summerton St, McCordsville, IN, 46055 listed at $464,300 pairs $8,640/mo rent with a $2,273/mo payment to leave $5,852/mo cash flow. Total monthly income runs $8,640/mo, and annual cash flow reaches $70,229/yr on $153,915 cash to close. Return on cash invested measures 65.54% in year one, and rental yield registers 22.33% at a $464,300 basis. Equity gained on principal adds $2,996/yr, and annual property appreciation at 5% supports $128,278 by year five. Five-year ROI tracks 347.28% and total cumulative return in cash totals $534,523. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $8,640/mo property income relative to a $2,273/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2025
N/A 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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Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: Lennar Homes
Mls Provider:
Mls ID: #N/A