5622 Hare DrNoblesvilleIN46062
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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
Rental property for sale in Noblesville at 5622 Hare Dr, Noblesville, IN, 46062 priced at $355,000 pairs $2,861/mo rent with $691/mo cash flow after a $1,738/mo payment. Total monthly income equals $2,861/mo, and annual cash flow comes to $8,295/yr on $117,683 invested. Return on cash invested is 26.96% in year one, and rental yield stands at 9.67% on a $355,000 basis. Equity gained on principal adds $2,291/yr, and 5% annual appreciation accumulates to $98,080 by year five. Five-year ROI measures 140.56% and total cumulative return in cash reaches $165,420. For financing, Ziffy Mortgage’s DSCR program evaluates $2,861/mo property income against a $1,738/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2011
10,018 sqft lot
$N/A/sqft
$360 annually HOA
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Listed by: Jennifer Deakyne • F.C. Tucker Company
Mls Name: MIBOR as distributed by MLS GRID
Mls Provider:
Mls ID: #22037968
Disclaimer: Based on information submitted to the MLS GRID as of 2025-10-21 23:28:13 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. [Click here for more information](/mls-disclaimers/#48)