6217 Andrews WayWhitestownIN46075
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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 Whitestown at 6217 Andrews Way, Whitestown, IN, 46075 uses $162,767 cash to close to unlock $659/yr annual cash flow and $55/mo monthly cash flow. Total monthly income runs $3,182/mo, and a $2,403/mo payment keeps the spread at $55/mo. Purchase price stands at $491,000, and rental yield measures 7.78% with $3,182/mo rent. Return on cash invested shows 20.31% in year one, and 5% annual appreciation builds toward $135,654 over five years. Five-year ROI reaches 105.24% and total cumulative return in cash records $171,290. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,182/mo property income covering a $2,403/mo payment rather than investor’s personal income.
Single Family
Built in 2013
3,920 sqft lot
$N/A/sqft
$67 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46075, Whitestown, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,145 (100%) |
| Owner Occupied HU | 4,055 (78.8%) |
| Renter Occupied HU | 817 (15.9%) |
| Vacant Housing Units | 273 ( 5.3%) |
| Median Home Value | $337,077 |
| Average Home Value | $439,138 |
Housing Distribution
Address Breakdown
Residential
4,960
Single Family
4,549
Multi-Family
411
Businesses
251
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