7278 Broadview LnMcCordsvilleIN46055
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at 7278 Broadview Ln, McCordsville, IN, 46055 in McCordsville speaks for itself: 25.29% gross on a $410,000 price, generating $8,640/mo in rent and $6,116/mo in net income after the $1,844/mo debt service. DSCR 4.69, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $73,396 stacks alongside $113,275 in projected five-year appreciation and $3,776/yr in principal reduction. Projected total cumulative return: $549,005.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 25.3% | 6.0% |
| Monthly Cash Flow | $6,116 | $300 |
City averages based on McCordsville market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $8,640 |
| Total Monthly Debt Service | $2,361 |
| DSCR Ratio | 3.66x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2025
7,697 sqft lot
$N/A/sqft
$750 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46055, Mc Cordsville, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,884 (100%) |
| Owner Occupied HU | 5,875 (85.3%) |
| Renter Occupied HU | 683 ( 9.9%) |
| Vacant Housing Units | 326 ( 4.7%) |
| Median Home Value | $345,800 |
| Average Home Value | $387,714 |
Housing Distribution
Address Breakdown
Residential
6,314
Single Family
6,161
Multi-Family
153
Businesses
243
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
Single Family
Built in 2025
7,697 sqft lot
$N/A/sqft
$750 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46055, Mc Cordsville, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,884 (100%) |
| Owner Occupied HU | 5,875 (85.3%) |
| Renter Occupied HU | 683 ( 9.9%) |
| Vacant Housing Units | 326 ( 4.7%) |
| Median Home Value | $345,800 |
| Average Home Value | $387,714 |
Housing Distribution
Address Breakdown
Residential
6,314
Single Family
6,161
Multi-Family
153
Businesses
243
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Marie Edwards • HMS Real Estate, LLC
Mls Name: MIBOR as distributed by MLS GRID
Mls Provider:
Mls ID: #22051980
Disclaimer: Based on information submitted to the MLS GRID as of 2025-10-22 23:58:00 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. [Click here for more information](/mls-disclaimers/#48)