8746 Providence Dr, Fishers, IN, 46038 | 6.71% Rental Yield

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

Total monthly income runs $2,850/mo, and a $2,496/mo payment. Purchase price stands at $509,900, and rental yield measures 6.71% with $2,850/mo rent. Return on cash invested shows 18.55% in year one, and 5% annual appreciation builds toward $140,876 over five years. Five-year ROI reaches 95.27% and total cumulative return in cash records $159,824. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,850/mo property income covering a $2,496/mo payment rather than investor’s personal income.

Single Family

Built in 1999

0.29 Acres lot

$N/A/sqft

No HOA

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