9699 Gibbon Ln, Avon, IN, 46123 | $683/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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9699 Gibbon Ln, Avon, IN, 46123 | $683/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Avon at 9699 Gibbon Ln, Avon, IN, 46123 generates $2,244/mo in rent and, after a $1,273/mo payment, leaves $683/mo in cash flow. Total monthly income is $2,244/mo, and annual cash flow is $8,194/yr on $86,190 invested. Return on cash invested sits at 29.42% in year one, and rental yield is 10.36% on a $260,000 entry. Equity gained on principal adds $1,678/yr, while 5% annual appreciation builds toward $71,833 over five years. Five-year ROI reaches 153.59% and total cumulative return in cash sums $132,377. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,244/mo property income rather than buyer’s personal income.

Single Family

Built in 2005

5,227 sqft lot

$N/A/sqft

No HOA

More details about the property

Welcome to this charming ranch-style home located at 9699 Gibbon Lane in the heart of Avon. This 3 bedroom, 2 full bath home features an inviting open-concept layout perfect for modern living. The kitchen flows seamlessly into the dining and living areas, creating a warm and functional space for both entertaining and everyday life. Step outside to enjoy the privacy of a fully fenced backyard, ideal for pets, play, gardening, or relaxing evenings. With a roof that is only 6 years old, this home is move-in ready. Additional updates include all new flooring, new lighting fixtures, and fresh interior paint throughout. Conveniently located near shopping, dining, and grocery stores, this home blends comfort and convenience in one perfect package. Do not miss your opportunity to make this beautiful property your new home.

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