








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 Westfield at 611 E Pine Ridge Dr, Westfield, IN, 46074 offers $2,458/mo rent that, after a $1,463/mo payment, leaves $664/mo cash flow. Total monthly income is $2,458/mo, and annual cash flow is $7,963/yr on $99,112 cash. Return on cash invested measures 27.94% in year one, and rental yield stands at 9.87% at a $298,981 entry. Equity gained on principal adds $1,929/yr while 5% annual appreciation compounds into $82,603 by year five. Five-year ROI records 145.69% and total cumulative return in cash reaches $144,400. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,458/mo property income versus a $1,463/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1996
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 46074, Westfield, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,825 (100%) |
| Owner Occupied HU | 16,826 (77.1%) |
| Renter Occupied HU | 3,538 (16.2%) |
| Vacant Housing Units | 1,461 ( 6.7%) |
| Median Home Value | $463,787 |
| Average Home Value | $528,199 |
Residential
20,309
Single Family
19,958
Multi-Family
351
Businesses
970
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: Chad Everts • E-Rocks Real Estate
Mls Name: MIBOR as distributed by MLS GRID
Mls ID: #22063282