11015 Walter DrIndianapolisIN46235
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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 11015 Walter Dr, Indianapolis, IN, 46235 uses $106,294 cash to close to unlock $5,351/yr annual cash flow and $446/mo monthly cash flow. Total monthly income runs $2,412/mo, and a $1,569/mo payment keeps the spread at $446/mo. Purchase price stands at $320,645, and rental yield measures 9.03% with $2,412/mo rent. Return on cash invested shows 24.94% in year one, and 5% annual appreciation builds toward $88,588 over five years. Five-year ROI reaches 129.75% and total cumulative return in cash records $137,918. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,412/mo property income covering a $1,569/mo payment rather than investor’s personal income.
Single Family
Built in 2024
3,920 sqft lot
$N/A/sqft
$500 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46235, Indianapolis, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,400 (100%) |
| Owner Occupied HU | 6,701 (46.5%) |
| Renter Occupied HU | 6,414 (44.5%) |
| Vacant Housing Units | 1,285 ( 8.9%) |
| Median Home Value | $195,850 |
| Average Home Value | $228,932 |
Housing Distribution
Address Breakdown
Residential
13,799
Single Family
12,698
Multi-Family
1,101
Businesses
155
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Listed by: Kelly Harris • F.C. Tucker Company
Mls Name: MIBOR as distributed by MLS GRID
Mls Provider:
Mls ID: #22004994
Disclaimer: Based on information submitted to the MLS GRID as of 2025-10-27 05:28:14 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. [Click here for more information](/mls-disclaimers/#48)