8292 Enclave Blvd, Fishers, IN, 46038 | $817/mo Cash Flow

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8292 Enclave Blvd, Fishers, IN, 46038 | $817/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 Fishers at 8292 Enclave Blvd, Fishers, IN, 46038 offers a 10.98% rental yield on a $260,000 purchase with $2,378/mo rent. Total monthly income registers $2,378/mo, and a $1,273/mo payment leaves $817/mo available for distribution. Annual cash flow reaches $9,802/yr on $86,190 to close, and return on cash invested stands at 31.28% in year one. Equity gained on principal adds $1,678/yr while 5% annual appreciation supports $71,833 over five years. Portfolio math shows five-year ROI at 163.58% and total cumulative return in cash at $140,993. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,378/mo property income against a $1,273/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Condo

Built in 1999

1,306 sqft lot

$N/A/sqft

No HOA

More details about the property

This beautifully updated end-unit condo offers the perfect blend of privacy and convenience in the heart of downtown Fishers! Step inside to find fresh, modern updates throughout - including luxury vinyl plank flooring, freshly painted kitchen and bathroom cabinets, sleek quartz countertops, and a brand-new tub and surround in the primary bath. Stylish lighting and updated hardware complete the timeless look. Enjoy quiet mornings or evenings on your peaceful patio, or take a short stroll to the countless nearby amenities - from grocery stores, pharmacies, and restaurants to shopping, the library, and the post office - all within a mile of your front door. With every major update already taken care of, you can simply move in and start enjoying your new home and the vibrant Fishers lifestyle.

Neighborhood Data

Neighborhood data shown for ZIP Code: 46038, Fishers, IN area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	17,703 (100%)
Owner Occupied HU	11,695 (66.1%)
Renter Occupied HU	5,365 (30.3%)
Vacant Housing Units	643 ( 3.6%)
Median Home Value	$349,324
Average Home Value	$388,268