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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Westfield at 615 Nuttal St, Westfield, IN, 46074 listed at $260,000 pairs $1,642/mo rent with a $1,273/mo payment to leave $81/mo cash flow. Total monthly income runs $1,642/mo, and annual cash flow reaches $970/yr on $86,190 cash to close. Return on cash invested measures 21.03% in year one, and rental yield registers 7.58% at a $260,000 basis. Equity gained on principal adds $1,678/yr, and annual property appreciation at 5% supports $71,833 by year five. Five-year ROI tracks 108.63% and total cumulative return in cash totals $93,629. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,642/mo property income relative to a $1,273/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 2008
1,742 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: John Pacilio • eXp Realty, LLC
Mls Name: MIBOR as distributed by MLS GRID
Mls ID: #22060855
