10409 Barmore AveIndianapolisIN46280
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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 10409 Barmore Ave, Indianapolis, IN, 46280 listed at $349,500 pairs $2,130/mo rent with a $1,711/mo payment to leave $32/mo cash flow. Total monthly income runs $2,130/mo, and annual cash flow reaches $380/yr on $115,859 cash to close. Return on cash invested measures 20.24% in year one, and rental yield registers 7.31% at a $349,500 basis. Equity gained on principal adds $2,255/yr, and annual property appreciation at 5% supports $96,560 by year five. Five-year ROI tracks 104.37% and total cumulative return in cash totals $120,925. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,130/mo property income relative to a $1,711/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1960
0.55 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46280, Indianapolis, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,987 (100%) |
| Owner Occupied HU | 2,438 (61.1%) |
| Renter Occupied HU | 1,325 (33.2%) |
| Vacant Housing Units | 224 ( 5.6%) |
| Median Home Value | $415,727 |
| Average Home Value | $436,357 |
Housing Distribution
Address Breakdown
Residential
3,819
Single Family
3,612
Multi-Family
207
Businesses
254
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Listed by: Leslie Ramsey • CENTURY 21 Scheetz
Mls Name: MIBOR as distributed by MLS GRID
Mls ID: #22056446