902 Saint Andrews DrAvonIN46123
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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
Rental property for sale in Avon at 902 Saint Andrews Dr, Avon, IN, 46123 generates $2,712/mo in rent and, after a $1,614/mo payment, leaves $641/mo in cash flow. Total monthly income is $2,712/mo, and annual cash flow is $7,697/yr on $109,329 invested. Return on cash invested sits at 26.95% in year one, and rental yield is 9.87% on a $329,800 entry. Equity gained on principal adds $2,128/yr, while 5% annual appreciation builds toward $91,118 over five years. Five-year ROI reaches 140.73% and total cumulative return in cash sums $153,860. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,712/mo property income rather than buyer’s personal income.
Single Family
Built in 1991
0.33 Acres lot
$N/A/sqft
$24 monthly 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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