734 Johnson DrCarmelIN46033
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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 Carmel at 734 Johnson Dr, Carmel, IN, 46033 listed at $419,800 pairs $3,371/mo rent with a $2,055/mo payment to leave $822/mo cash flow. Total monthly income runs $3,371/mo, and annual cash flow reaches $9,861/yr on $139,164 cash to close. Return on cash invested measures 26.99% in year one, and rental yield registers 9.64% at a $419,800 basis. Equity gained on principal adds $2,709/yr, and annual property appreciation at 5% supports $115,983 by year five. Five-year ROI tracks 140.68% and total cumulative return in cash totals $195,772. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,371/mo property income relative to a $2,055/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1977
0.29 Acres lot
$N/A/sqft
$29 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46033, Carmel, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,917 (100%) |
| Owner Occupied HU | 12,869 (86.3%) |
| Renter Occupied HU | 1,667 (11.2%) |
| Vacant Housing Units | 381 ( 2.6%) |
| Median Home Value | $493,077 |
| Average Home Value | $583,511 |
Housing Distribution
Address Breakdown
Residential
14,650
Single Family
14,251
Multi-Family
399
Businesses
255
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