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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Avon at 880 N Avon Ave, Avon, IN, 46123 uses $104,423 cash to close to unlock $14,050/yr annual cash flow and $1,171/mo monthly cash flow. Total monthly income runs $3,062/mo, and a $1,542/mo payment keeps the spread at $1,171/mo. Purchase price stands at $315,000, and rental yield measures 11.66% with $3,062/mo rent. Return on cash invested shows 33.36% in year one, and 5% annual appreciation builds toward $87,029 over five years. Five-year ROI reaches 174.75% and total cumulative return in cash records $182,477. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,062/mo property income covering a $1,542/mo payment rather than investor’s personal income.
Single Family
Built in 1968
0.69 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 46123, Avon, IN area.
| 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 |
Residential
16,424
Single Family
15,189
Multi-Family
1,235
Businesses
779
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Erin Anderson • F.C. Tucker Company
Mls Name: MIBOR as distributed by MLS GRID
Mls ID: #22067284
