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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 Avon at 745 Stone Trace Ct, Avon, IN, 46123 priced at $325,000 converts $1,380/mo rent into after a $1,591/mo obligation. Total monthly income equals $1,380/mo. Return on cash invested prints 11.83% in year one, and rental yield reads 5.1% against a $325,000 entry. Equity gained on principal adds $2,097/yr, while 5% annual appreciation compiles into $89,792 by year five. Five-year ROI reaches 59.9% and total cumulative return in cash sums $64,537. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,380/mo property income covering a $1,591/mo payment, not borrower’s personal income.
Single Family
Built in 2021
6,098 sqft lot
$N/A/sqft
$125 monthly HOA
Neighborhood data shown for ZIP Code: 46123, Avon, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,638 (100%) |
| Owner Occupied HU | 12,897 (77.5%) |
| Renter Occupied HU | 3,116 (18.7%) |
| Vacant Housing Units | 625 ( 3.8%) |
| Median Home Value | $326,962 |
| Average Home Value | $336,322 |
Residential
16,424
Single Family
15,189
Multi-Family
1,235
Businesses
779
Date | Event | Price |
|---|---|---|
| 2025-04-07 | Listed for sale | $325,000 |
| 2022-09-21 | Listing removed | N/A |
| 2022-08-16 | Price change | $319,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-09 | $3046.00 | 8.42% | $296,700 | 8.96% |
| 2023-04-09 | $2809.40 | 24015.02% | $272,300 | 9.31% |
| 2022-04-09 | $11.65 | N/A | $249,100 | 62175.00% |
Listed by: Matthew Reffeitt • Keller Williams Indy Metro S
Mls Name: MIBOR as distributed by MLS GRID
Mls Provider:
Mls ID: #22030838
Disclaimer: Based on information submitted to the MLS GRID as of 2025-04-09 08:17:59 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)
