1133 S Richland StIndianapolisIN46221
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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 1133 S Richland St, Indianapolis, IN, 46221 earns $155/mo cash flow from $1,294/mo rent with a $929/mo payment. Total monthly income totals $1,294/mo, and annual cash flow totals $1,854/yr on $62,952 capital. ROI tracks 22.85% on current figures, and rental yield reads 8.18% at a $189,900 purchase. Equity gained on principal adds $1,225/yr, and 5% annual appreciation supports $52,466 over five years. Five-year ROI reaches 118.42% and total cumulative return in cash sums $74,549. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,294/mo property income instead of your personal income.
Multi Family
Built in 1900
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46221, Indianapolis, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,205 (100%) |
| Owner Occupied HU | 6,485 (57.9%) |
| Renter Occupied HU | 3,906 (34.9%) |
| Vacant Housing Units | 814 ( 7.3%) |
| Median Home Value | $209,976 |
| Average Home Value | $214,246 |
Housing Distribution
Address Breakdown
Residential
10,643
Single Family
10,523
Multi-Family
120
Businesses
359
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Listed by: Mariah Hernandez • Triple E Realty, LLC
Mls Name: MIBOR as distributed by MLS GRID
Mls ID: #22051638