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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% |
Rental property for sale in McCordsville at 6207 Preserve Way, McCordsville, IN, 46055 generates $2,802/mo in rent, after a $2,373/mo payment. Total monthly income is $2,802/mo. Return on cash invested sits at 17.05% in year one, and rental yield is 6.93% on a $484,900 entry. Equity gained on principal adds $3,129/yr, while 5% annual appreciation builds toward $133,969 over five years. Five-year ROI reaches 88% and total cumulative return in cash sums $141,451. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,802/mo property income rather than buyer’s personal income.
Single Family
Built in 2024
N/A lot
$N/A/sqft
$275 monthly HOA
Neighborhood data shown for ZIP Code: 46055, Mc Cordsville, IN area.
| 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 |
Residential
6,314
Single Family
6,161
Multi-Family
153
Businesses
243
Date | Event | Price |
|---|---|---|
| 2025-09-04 | Price change | $484,900 |
| 2025-08-06 | Listed for sale | $494,900 |
| 2025-07-31 | Listing removed | $494,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: N/A • Bridgenorth Homes
Mls Name: Bridgenorth Homes
Mls Provider:
Mls ID: #N/A
