1116 Milwaukee CtIndianapolisIN46217
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 1116 Milwaukee Ct, Indianapolis, IN, 46217 earns $283/mo cash flow from $1,447/mo rent with a $949/mo payment. Total monthly income totals $1,447/mo, and annual cash flow totals $3,397/yr on $64,278 capital. ROI tracks 25.19% on current figures, and rental yield reads 8.96% at a $193,900 purchase. Equity gained on principal adds $1,251/yr, and 5% annual appreciation supports $53,571 over five years. Five-year ROI reaches 131% and total cumulative return in cash sums $84,205. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,447/mo property income instead of your personal income.
Single Family
Built in 1983
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46217, Indianapolis, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,196 (100%) |
| Owner Occupied HU | 9,776 (74.1%) |
| Renter Occupied HU | 2,911 (22.1%) |
| Vacant Housing Units | 509 ( 3.9%) |
| Median Home Value | $270,235 |
| Average Home Value | $283,488 |
Housing Distribution
Address Breakdown
Residential
13,204
Single Family
11,627
Multi-Family
1,577
Businesses
676
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Mark Simmons • eXp Realty, LLC
Mls Name: MIBOR as distributed by MLS GRID
Mls ID: #22077732