6244 Newark Dr, Noblesville, IN, 46062 | $596/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

4 Bed
3 Bath
4160 sft

10717 Windermere Blvd, Fishers, IN, 46037

3 Bed
4 Bath
2664 sft

10386 Spring Highland Dr, Indianapolis, IN, 46290

4 Bed
3 Bath
3360 sft

11430 Ralston Ave, Carmel, IN, 46032

5 Bed
3 Bath
3044 sft

633 Cowley Dr, Westfield, IN, 46074

Nearby investment properties with comparable prices

3 Bed
3 Bath
1996 sft

806 Templeton Dr, Carmel, IN, 46032

5 Bed
3 Bath
3008 sft

123 W Main St #GGHS7N, Greenfield, IN, 46140

3 Bed
2 Bath
2496 sft

5115 N Capitol Ave, Indianapolis, IN, 46208

4 Bed
3 Bath
3200 sft

6126 Marigold Ct, Whitestown, IN, 46075

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

Explore more listings using simple english

Investment Highlights

Investment property for sale in Noblesville at 6244 Newark Dr, Noblesville, IN, 46062 uses $196,742 cash to close to unlock $7,153/yr annual cash flow and $596/mo monthly cash flow. Total monthly income runs $4,404/mo, and a $2,927/mo payment keeps the spread at $596/mo. Purchase price stands at $598,000, and rental yield measures 8.84% with $4,404/mo rent. Return on cash invested shows 23.7% in year one, and 5% annual appreciation builds toward $165,216 over five years. Five-year ROI reaches 123.38% and total cumulative return in cash records $242,732. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,404/mo property income covering a $2,927/mo payment rather than investor’s personal income.

Single Family

Built in 2008

6,534 sqft lot

$N/A/sqft

$106 monthly HOA