8887 Stoney Meadow BlvdAvonIN46123
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Nearby investment properties with comparable prices
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 Avon at 8887 Stoney Meadow Blvd, Avon, IN, 46123 generates $2,234/mo in rent and, after a $1,419/mo payment, leaves $494/mo in cash flow. Total monthly income is $2,234/mo, and annual cash flow is $5,924/yr on $96,102 invested. Return on cash invested sits at 26.07% in year one, and rental yield is 9.25% on a $289,900 entry. Equity gained on principal adds $1,871/yr, while 5% annual appreciation builds toward $80,094 over five years. Five-year ROI reaches 135.67% and total cumulative return in cash sums $130,377. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,234/mo property income rather than buyer’s personal income.
Single Family
Built in 2012
7,405 sqft 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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