6537 Seabiscuit RdWhitestownIN46075
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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 6537 Seabiscuit Rd, Whitestown, IN, 46075 uses $135,882 cash to close to unlock $5,060/yr annual cash flow and $422/mo monthly cash flow. Total monthly income runs $2,882/mo, and a $2,006/mo payment keeps the spread at $422/mo. Purchase price stands at $409,900, and rental yield measures 8.44% with $2,882/mo rent. Return on cash invested shows 23.63% in year one, and 5% annual appreciation builds toward $113,248 over five years. Five-year ROI reaches 122.56% and total cumulative return in cash records $166,540. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,882/mo property income covering a $2,006/mo payment rather than investor’s personal income.
Single Family
Built in 2021
7,840 sqft lot
$N/A/sqft
No 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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Listed by: Alexander Elston • United Real Estate Indpls
Mls Name: MIBOR as distributed by MLS GRID
Mls ID: #22044457