5898 Sandalwood DrCarmelIN46033
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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 Carmel at 5898 Sandalwood Dr, Carmel, IN, 46033 earns $719/mo cash flow from $3,188/mo rent with a $1,933/mo payment. Total monthly income totals $3,188/mo, and annual cash flow totals $8,628/yr on $130,909 capital. ROI tracks 26.5% on current figures, and rental yield reads 9.69% at a $394,900 purchase. Equity gained on principal adds $2,548/yr, and 5% annual appreciation supports $109,104 over five years. Five-year ROI reaches 138.31% and total cumulative return in cash sums $181,055. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,188/mo property income instead of your personal income.
Single Family
Built in 1999
0.26 Acres lot
$N/A/sqft
$495 semi-annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46033, Carmel, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,917 (100%) |
| Owner Occupied HU | 12,869 (86.3%) |
| Renter Occupied HU | 1,667 (11.2%) |
| Vacant Housing Units | 381 ( 2.6%) |
| Median Home Value | $493,077 |
| Average Home Value | $583,511 |
Housing Distribution
Address Breakdown
Residential
14,650
Single Family
14,251
Multi-Family
399
Businesses
255
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Listed by: Anthony Cohen • Summerland Realty Group, LLC
Mls Name: IRMLS
Mls Provider:
Mls ID: #202546811
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.