823 Old Ashbury RdWestfieldIN46074
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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
Rental property for sale in Westfield at 823 Old Ashbury Rd, Westfield, IN, 46074 priced at $1,625,000 pairs $5,836/mo rent with after a $7,954/mo payment. Total monthly income equals $5,836/mo. Return on cash invested is 11.44% in year one, and rental yield stands at 4.31% on a $1,625,000 basis. Equity gained on principal adds $10,486/yr, and 5% annual appreciation accumulates to $448,958 by year five. Five-year ROI measures 57.06% and total cumulative return in cash reaches $300,424. For financing, Ziffy Mortgage’s DSCR program evaluates $5,836/mo property income against a $7,954/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2020
0.36 Acres 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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