7334 Bailow LnMcCordsvilleIN46055
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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
Rental property for sale in McCordsville at 7334 Bailow Ln, McCordsville, IN, 46055 priced at $448,000 converts $3,788/mo rent into $1,036/mo cash flow after a $2,193/mo obligation. Total monthly income equals $3,788/mo, and annual cash flow totals $12,432/yr on $148,512 invested. Return on cash invested prints 28.28% in year one, and rental yield reads 10.15% against a $448,000 entry. Equity gained on principal adds $2,891/yr, while 5% annual appreciation compiles into $123,774 by year five. Five-year ROI reaches 147.67% and total cumulative return in cash sums $219,302. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,788/mo property income covering a $2,193/mo payment, not borrower’s personal income.
Single Family
Built in 2024
9,147 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
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Listed by: Marie Edwards • HMS Real Estate, LLC
Mls Name: MIBOR as distributed by MLS GRID
Mls Provider:
Mls ID: #21985206
Disclaimer: Based on information submitted to the MLS GRID as of 2025-10-24 06:07:50 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)