8358 Balmoral LnAvonIN46123
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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 Avon at 8358 Balmoral Ln, Avon, IN, 46123 listed at $391,000 pairs $3,062/mo rent with a $1,914/mo payment to leave $715/mo cash flow. Total monthly income runs $3,062/mo, and annual cash flow reaches $8,576/yr on $129,617 cash to close. Return on cash invested measures 26.53% in year one, and rental yield registers 9.4% at a $391,000 basis. Equity gained on principal adds $2,523/yr, and annual property appreciation at 5% supports $108,026 by year five. Five-year ROI tracks 138.08% and total cumulative return in cash totals $178,978. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,062/mo property income relative to a $1,914/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2004
0.29 Acres lot
$N/A/sqft
No HOA
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 |
Housing Distribution
Address Breakdown
Residential
16,424
Single Family
15,189
Multi-Family
1,235
Businesses
779
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