1144 W 73rd StIndianapolisIN46260
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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 1144 W 73rd St, Indianapolis, IN, 46260 uses $97,793 cash to close to unlock $8,700/yr annual cash flow and $725/mo monthly cash flow. Total monthly income runs $2,496/mo, and a $1,444/mo payment keeps the spread at $725/mo. Purchase price stands at $295,000, and rental yield measures 10.15% with $2,496/mo rent. Return on cash invested shows 28.81% in year one, and 5% annual appreciation builds toward $81,503 over five years. Five-year ROI reaches 150.34% and total cumulative return in cash records $147,026. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,496/mo property income covering a $1,444/mo payment rather than investor’s personal income.
Single Family
Built in 1960
0.72 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46260, Indianapolis, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,842 (100%) |
| Owner Occupied HU | 7,029 (44.4%) |
| Renter Occupied HU | 7,577 (47.8%) |
| Vacant Housing Units | 1,236 ( 7.8%) |
| Median Home Value | $322,134 |
| Average Home Value | $385,713 |
Housing Distribution
Address Breakdown
Residential
15,242
Single Family
11,322
Multi-Family
3,920
Businesses
683
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Listed by: Shauna Williams • Keller Williams Indy Metro NE
Mls Name: MIBOR as distributed by MLS GRID
Mls ID: #22049166