751 Trace Blvd WWestfieldIN46074
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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 Westfield at 751 Trace Blvd W, Westfield, IN, 46074 at $309,000 posts ROI 17.42% with from $1,642/mo rent. Total monthly income equals $1,642/mo. Return on cash invested measures 17.42% and rental yield reads 6.38% at the current $309,000. Equity gained on principal adds $1,994/yr, and 5% annual appreciation supports $85,371 by year five. Five-year ROI prints 89.26% and total cumulative return in cash totals $91,433. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,642/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Condo
Built in 2017
2,613 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46074, Westfield, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,825 (100%) |
| Owner Occupied HU | 16,826 (77.1%) |
| Renter Occupied HU | 3,538 (16.2%) |
| Vacant Housing Units | 1,461 ( 6.7%) |
| Median Home Value | $463,787 |
| Average Home Value | $528,199 |
Housing Distribution
Address Breakdown
Residential
20,309
Single Family
19,958
Multi-Family
351
Businesses
970
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