9583 Beckett StAvonIN46123
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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
Investment property for sale in Avon at 9583 Beckett St, Avon, IN, 46123 uses $86,157 cash to close to unlock $2,903/yr annual cash flow and $242/mo monthly cash flow. Total monthly income runs $1,802/mo, and a $1,272/mo payment keeps the spread at $242/mo. Purchase price stands at $259,900, and rental yield measures 8.32% with $1,802/mo rent. Return on cash invested shows 23.28% in year one, and 5% annual appreciation builds toward $71,806 over five years. Five-year ROI reaches 120.66% and total cumulative return in cash records $103,954. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,802/mo property income covering a $1,272/mo payment rather than investor’s personal income.
Condo
Built in 2022
2,178 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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