Easton Plan, Village Cooperative of Westfield (Active Adults 62+)CarmelIN46032
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
Rental property for sale in Carmel at Easton Plan, Village Cooperative of Westfield (Active Adults 62+), Carmel, IN, 46032 generates $1,455/mo in rent and, after a $935/mo payment, leaves $308/mo in cash flow. Total monthly income is $1,455/mo, and annual cash flow is $3,700/yr on $63,317 invested. Return on cash invested sits at 25.75% in year one, and rental yield is 9.14% on a $191,000 entry. Equity gained on principal adds $1,232/yr, while 5% annual appreciation builds toward $52,770 over five years. Five-year ROI reaches 134% and total cumulative return in cash sums $84,842. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,455/mo property income rather than buyer’s personal income.
Condo
Built in 2026
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46032, Carmel, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,816 (100%) |
| Owner Occupied HU | 13,773 (57.8%) |
| Renter Occupied HU | 8,288 (34.8%) |
| Vacant Housing Units | 1,755 ( 7.4%) |
| Median Home Value | $512,292 |
| Average Home Value | $642,862 |
Housing Distribution
Address Breakdown
Residential
21,546
Single Family
16,806
Multi-Family
4,740
Businesses
2,596
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
