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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in McCordsville at 7410 Broadview Ln, McCordsville, IN, 46055 generates $2,802/mo in rent and, after a $1,468/mo payment, leaves $1,002/mo in cash flow. Total monthly income is $2,802/mo, and annual cash flow is $12,018/yr on $99,447 invested. Return on cash invested sits at 31.99% in year one, and rental yield is 11.21% on a $299,990 entry. Equity gained on principal adds $1,936/yr, while 5% annual appreciation builds toward $82,882 over five years. Five-year ROI reaches 167.42% and total cumulative return in cash sums $166,497. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,802/mo property income rather than buyer’s personal income.
Single Family
Built in 2025
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 46055, Mc Cordsville, IN area.
| 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 |
Residential
6,314
Single Family
6,161
Multi-Family
153
Businesses
243
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Marie Edwards • HMS Real Estate, LLC
Mls Name: MIBOR as distributed by MLS GRID
Mls ID: #22052213
