11503 Creekview Ln, Indianapolis, IN, 46236 | $306/mo Cash Flow

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Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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11503 Creekview Ln, Indianapolis, IN, 46236 | $306/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Indianapolis at 11503 Creekview Ln, Indianapolis, IN, 46236 offers a 9.19% rental yield on a $184,900 purchase with $1,416/mo rent. Total monthly income registers $1,416/mo, and a $905/mo payment leaves $306/mo available for distribution. Annual cash flow reaches $3,673/yr on $61,294 to close, and return on cash invested stands at 25.9% in year one. Equity gained on principal adds $1,193/yr while 5% annual appreciation supports $51,084 over five years. Portfolio math shows five-year ROI at 134.82% and total cumulative return in cash at $82,639. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,416/mo property income against a $905/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Condo

Built in 1992

1,742 sqft lot

$N/A/sqft

No HOA

More details about the property

This inviting two-bedroom, one and a half bath condo is situated in an enviable spot within the subdivision, offering the perfect blend of comfort and convenience. With an attached one-car garage, your parking needs are well-covered. Step inside to find a welcoming main level with an open concept design, highlighted by a captivating two-story foyer. The home features new vinyl wood plank flooring, creating a warm and inviting atmosphere. The living room is a standout feature, offering breathtaking forest views that can be enjoyed from indoors or while relaxing on the main level deck for a touch of serenity. Cozy up next to the wood-burning fireplace, complete with a classic mantle and built-in bookshelves that add both charm and function. The spacious eat-in kitchen boasts bright white cabinets and sleek stainless steel appliances, making it a delightful space for cooking and entertaining. Head upstairs to the primary suite, which offers a peaceful retreat with more stunning forest views, a walk-in closet, cathedral ceilings, and an en-suite bath. A versatile second bedroom is perfect for guests or setting up a home office. This condo is ideally located near Geist Reservoir, providing a serene setting with the added convenience of being a short walk from shopping, dining, and more.

Neighborhood Data

Neighborhood data shown for ZIP Code: 46236, Indianapolis, IN area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	10,680 (100%)
Owner Occupied HU	9,177 (85.9%)
Renter Occupied HU	1,122 (10.5%)
Vacant Housing Units	381 ( 3.6%)
Median Home Value	$302,184
Average Home Value	$341,808