792 Nevelle LnCarmelIN46032
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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 792 Nevelle Ln, Carmel, IN, 46032 earns $92/mo cash flow from $2,553/mo rent with a $2,007/mo payment. Total monthly income totals $2,553/mo, and annual cash flow totals $1,099/yr on $135,915 capital. ROI tracks 20.72% on current figures, and rental yield reads 7.47% at a $410,000 purchase. Equity gained on principal adds $2,646/yr, and 5% annual appreciation supports $113,275 over five years. Five-year ROI reaches 106.95% and total cumulative return in cash sums $145,355. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,553/mo property income instead of your personal income.
Single Family
Built in 1979
0.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46032, Carmel, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,816 (100%) |
| Owner Occupied HU | 13,773 (57.8%) |
| Renter Occupied HU | 8,288 (34.8%) |
| Vacant Housing Units | 1,755 ( 7.4%) |
| Median Home Value | $512,292 |
| Average Home Value | $642,862 |
Housing Distribution
Address Breakdown
Residential
21,546
Single Family
16,806
Multi-Family
4,740
Businesses
2,596
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