7992 Cobblesprings Dr, Avon, IN, 46123 | $961/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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7992 Cobblesprings Dr, Avon, IN, 46123 | $961/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Avon at 7992 Cobblesprings Dr, Avon, IN, 46123 earns $961/mo cash flow from $3,062/mo rent with a $1,713/mo payment. Total monthly income totals $3,062/mo, and annual cash flow totals $11,534/yr on $115,992 capital. ROI tracks 29.85% on current figures, and rental yield reads 10.5% at a $349,900 purchase. Equity gained on principal adds $2,258/yr, and 5% annual appreciation supports $96,671 over five years. Five-year ROI reaches 155.95% and total cumulative return in cash sums $180,894. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,062/mo property income instead of your personal income.

Single Family

Built in 1998

8,712 sqft lot

$N/A/sqft

No HOA

More details about the property

Feast your eyes on the delightful single-family home in Avon, a charming abode nestled in a lovely corner of Indiana; this property is in great condition and is simply *longing* for a new owner to call it home! Imagine whipping up culinary masterpieces in your kitchen, featuring shaker cabinets, a backsplash that adds a touch of pizzazz, stone countertops that are as practical as they are beautiful, and a kitchen peninsula perfect for casual dining or prepping ingredients; there's even a kitchen bar, ready for you to perch and sip your morning coffee or evening cocktail. Picture cozy evenings spent in the living room, gathered around the fireplace, sharing stories and laughter as the flames dance merrily. Envision stepping out onto the porch with your favorite beverage, taking in the sights and sounds of the neighborhood as you unwind after a long day. With two full bathrooms, including one with a double vanity, mornings will be a breeze as everyone has their own space to get ready. The fenced backyard offers a private oasis for relaxation, play, or entertaining guests, creating a safe and enclosed area. Never again will laundry day feel like a chore, as the dedicated laundry room on the second level provides a functional and organized space. This two-story home offers four bedrooms and boasts 2356 square feet of living area, all situated on a generous 8540 square foot lot, built in 1998 with an open floor plan designed for modern living. This residence is more than just a house; it's a ticket to a life filled with comfort, convenience, and endless possibilities.

Neighborhood Data

Neighborhood data shown for ZIP Code: 46123, Avon, IN area.

Housing Distribution

Housing Statistics

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