Fairfax Plan, Fields at Sugar CreekNew PalestineIN46163
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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
Rental property for sale in New Palestine at Fairfax Plan, Fields at Sugar Creek, New Palestine, IN, 46163 priced at $389,900 converts $2,648/mo rent into $308/mo cash flow after a $1,908/mo obligation. Total monthly income equals $2,648/mo, and annual cash flow totals $3,694/yr on $129,252 invested. Return on cash invested prints 22.77% in year one, and rental yield reads 8.15% against a $389,900 entry. Equity gained on principal adds $2,516/yr, while 5% annual appreciation compiles into $107,722 by year five. Five-year ROI reaches 117.93% and total cumulative return in cash sums $152,425. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,648/mo property income covering a $1,908/mo payment, not borrower’s personal income.
Single Family
Built in 2026
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46163, New Palestine, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,670 (100%) |
| Owner Occupied HU | 4,772 (84.2%) |
| Renter Occupied HU | 714 (12.6%) |
| Vacant Housing Units | 184 ( 3.2%) |
| Median Home Value | $330,678 |
| Average Home Value | $356,738 |
Housing Distribution
Address Breakdown
Residential
5,690
Single Family
5,689
Multi-Family
1
Businesses
283
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Listed by: N/A • D.R. Horton
Mls Name: DR Horton
Mls Provider:
Mls ID: #N/A