102 S Heflin StIndianapolisIN46229
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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 102 S Heflin St, Indianapolis, IN, 46229 listed at $225,000 pairs $1,624/mo rent with a $1,101/mo payment to leave $274/mo cash flow. Total monthly income runs $1,624/mo, and annual cash flow reaches $3,283/yr on $74,588 cash to close. Return on cash invested measures 24.31% in year one, and rental yield registers 8.66% at a $225,000 basis. Equity gained on principal adds $1,452/yr, and annual property appreciation at 5% supports $62,163 by year five. Five-year ROI tracks 126.24% and total cumulative return in cash totals $94,161. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,624/mo property income relative to a $1,101/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1959
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46229, Indianapolis, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,954 (100%) |
| Owner Occupied HU | 6,415 (53.7%) |
| Renter Occupied HU | 4,840 (40.5%) |
| Vacant Housing Units | 699 ( 5.8%) |
| Median Home Value | $226,104 |
| Average Home Value | $283,888 |
Housing Distribution
Address Breakdown
Residential
11,928
Single Family
10,510
Multi-Family
1,418
Businesses
682
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Listed by: Megan Sullivan • @properties
Mls Name: MIBOR as distributed by MLS GRID
Mls ID: #22080390