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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in McCordsville at Elmstead Plan, Enclave at Deer Crossing, McCordsville, IN, 46055 offers a 6.26% rental yield on a $584,990 purchase with $3,052/mo rent. 2% in year one. Equity gained on principal adds $3,775/yr while 5% annual appreciation supports $161,622 over five years. Portfolio math shows five-year ROI at 88.01% and total cumulative return in cash at $169,395. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,052/mo property income against a $2,863/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 46055, Mc Cordsville, IN area.
| 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 |
Residential
6,314
Single Family
6,161
Multi-Family
153
Businesses
243
Date | Event | Price |
|---|---|---|
| 2024-01-25 | Listed for sale | $584,990 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: N/A • Davis Homes
Mls Name: Davis Homes
Mls Provider:
Mls ID: #N/A
