The Elston Plan, MidlandWestfieldIN46074
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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 Westfield at The Elston Plan, Midland, Westfield, IN, 46074 priced at $565,000 pairs $3,545/mo rent with $154/mo cash flow after a $2,765/mo payment. Total monthly income equals $3,545/mo, and annual cash flow comes to $1,845/yr on $185,885 invested. Return on cash invested is 21.05% in year one, and rental yield stands at 7.53% on a $565,000 basis. Equity gained on principal adds $3,646/yr, and 5% annual appreciation accumulates to $156,099 by year five. Five-year ROI measures 108.69% and total cumulative return in cash reaches $202,035. For financing, Ziffy Mortgage’s DSCR program evaluates $3,545/mo property income against a $2,765/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2026
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46074, Westfield, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,825 (100%) |
| Owner Occupied HU | 16,826 (77.1%) |
| Renter Occupied HU | 3,538 (16.2%) |
| Vacant Housing Units | 1,461 ( 6.7%) |
| Median Home Value | $463,787 |
| Average Home Value | $528,199 |
Housing Distribution
Address Breakdown
Residential
20,309
Single Family
19,958
Multi-Family
351
Businesses
970
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