10247 Park Stream DrIndianapolisIN46229
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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 10247 Park Stream Dr, Indianapolis, IN, 46229 offers a 10.31% rental yield on a $213,400 purchase with $1,834/mo rent. Total monthly income registers $1,834/mo, and a $1,044/mo payment leaves $525/mo available for distribution. Annual cash flow reaches $6,305/yr on $70,742 to close, and return on cash invested stands at 28.82% in year one. Equity gained on principal adds $1,377/yr while 5% annual appreciation supports $58,958 over five years. Portfolio math shows five-year ROI at 150.6% and total cumulative return in cash at $106,539. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,834/mo property income against a $1,044/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1989
5,837 sqft lot
$N/A/sqft
$14 monthly 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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Nearby investment properties with comparable prices
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