9080 Summerton StMcCordsvilleIN46055
Nearby investment properties with comparable rents
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
Investment property for sale in McCordsville at 9080 Summerton St, McCordsville, IN, 46055 earns $5,509/mo cash flow from $8,640/mo rent with a $2,553/mo payment. Total monthly income totals $8,640/mo, and annual cash flow totals $66,107/yr on $171,597 capital. ROI tracks 58.59% on current figures, and rental yield reads 19.88% at a $521,570 purchase. Equity gained on principal adds $3,366/yr, and 5% annual appreciation supports $144,100 over five years. Five-year ROI reaches 309.95% and total cumulative return in cash sums $531,864. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $8,640/mo property income instead of your personal income.
Single Family
Built in 2025
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46055, Mc Cordsville, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,884 (100%) |
| Owner Occupied HU | 5,875 (85.3%) |
| Renter Occupied HU | 683 ( 9.9%) |
| Vacant Housing Units | 326 ( 4.7%) |
| Median Home Value | $345,800 |
| Average Home Value | $387,714 |
Housing Distribution
Address Breakdown
Residential
6,314
Single Family
6,161
Multi-Family
153
Businesses
243
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Erin Hundley • Compass Indiana, LLC
Mls Name: MIBOR as distributed by MLS GRID
Mls ID: #22055380