1003 W Troy AveIndianapolisIN46225
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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
Investment property for sale in Indianapolis at 1003 W Troy Ave, Indianapolis, IN, 46225 listed at $148,500 pairs $1,151/mo rent with a $727/mo payment to leave $259/mo cash flow. Total monthly income runs $1,151/mo, and annual cash flow reaches $3,113/yr on $49,228 cash to close. Return on cash invested measures 26.23% in year one, and rental yield registers 9.3% at a $148,500 basis. Equity gained on principal adds $958/yr, and annual property appreciation at 5% supports $41,028 by year five. Five-year ROI tracks 136.56% and total cumulative return in cash totals $67,227. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,151/mo property income relative to a $727/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1928
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46225, Indianapolis, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,209 (100%) |
| Owner Occupied HU | 1,243 (38.7%) |
| Renter Occupied HU | 1,373 (42.8%) |
| Vacant Housing Units | 593 (18.5%) |
| Median Home Value | $163,267 |
| Average Home Value | $214,771 |
Housing Distribution
Address Breakdown
Residential
3,085
Single Family
2,661
Multi-Family
424
Businesses
504
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Listed by: Andres Rodriguez • Rodriguez Real Estate Group
Mls Name: MIBOR as distributed by MLS GRID
Mls ID: #22068252