640 Blossom DrAvonIN46123
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Avon at 640 Blossom Dr, Avon, IN, 46123 at $224,900 posts ROI 23.67% with $234/mo cash flow from $1,584/mo rent. Total monthly income equals $1,584/mo, and annual cash flow records $2,805/yr on $74,554 to close. Return on cash invested measures 23.67% and rental yield reads 8.45% at the current $224,900. Equity gained on principal adds $1,451/yr, and 5% annual appreciation supports $62,136 by year five. Five-year ROI prints 122.78% and total cumulative return in cash totals $91,537.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,584/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Condo
Built in 1978
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46123, Avon, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,638 (100%) |
| Owner Occupied HU | 12,897 (77.5%) |
| Renter Occupied HU | 3,116 (18.7%) |
| Vacant Housing Units | 625 ( 3.8%) |
| Median Home Value | $326,962 |
| Average Home Value | $336,322 |
Housing Distribution
Address Breakdown
Residential
16,424
Single Family
15,189
Multi-Family
1,235
Businesses
779
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