6247 Eller Creek Way, Fishers, IN, 46038 | $559/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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6247 Eller Creek Way, Fishers, IN, 46038 | $559/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Fishers at 6247 Eller Creek Way, Fishers, IN, 46038 listed at $310,000 pairs $2,420/mo rent with a $1,517/mo payment to leave $559/mo cash flow. Total monthly income runs $2,420/mo, and annual cash flow reaches $6,713/yr on $102,765 cash to close. Return on cash invested measures 26.44% in year one, and rental yield registers 9.37% at a $310,000 basis. Equity gained on principal adds $2,000/yr, and annual property appreciation at 5% supports $85,647 by year five. Five-year ROI tracks 137.65% and total cumulative return in cash totals $141,451. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,420/mo property income relative to a $1,517/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Condo

Built in 2004

0.62 Acres lot

$N/A/sqft

No HOA

More details about the property

Peaceful End-Unit Condo with Sunroom, Private Patio & Main-Floor Primary Suite! This one checks all the boxes: natural light, smart layout, peaceful surroundings, and a move-in-ready feel. From the moment you step inside, you'll feel the warmth of this inviting home-bright, airy, and thoughtfully designed for comfortable living. The main level features a spacious primary suite with a full en-suite bath and walk-in closet, plus a cozy great room with a gas fireplace, a sunroom perfect for morning coffee and both a formal dining room and a sunny eat-in kitchen. The kitchen boasts stainless appliances (just 2 years old) and pantry. Upstairs, you'll find two generously sized bedrooms, a large open loft, and a heated/cooled storage room. Enjoy outdoor living on the private rear patio, surrounded by mature landscaping and green space. Newer mechanicals and roof. The 2-car attached garage adds everyday convenience, and the end-unit location provides a quiet, peaceful setting rarely found in condo living. Come see what makes this condo truly special!

Neighborhood Data

Neighborhood data shown for ZIP Code: 46038, Fishers, IN area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	17,703 (100%)
Owner Occupied HU	11,695 (66.1%)
Renter Occupied HU	5,365 (30.3%)
Vacant Housing Units	643 ( 3.6%)
Median Home Value	$349,324
Average Home Value	$388,268