11689 Pompano DrIndianapolisIN46236
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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 11689 Pompano Dr, Indianapolis, IN, 46236 listed at $374,900 pairs $1,992/mo rent with a $1,835/mo payment. Total monthly income runs $1,992/mo. Return on cash invested measures 17.41% in year one, and rental yield registers 6.38% at a $374,900 basis. Equity gained on principal adds $2,419/yr, and annual property appreciation at 5% supports $103,578 by year five. Five-year ROI tracks 89.23% and total cumulative return in cash totals $110,899. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,992/mo property income relative to a $1,835/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1986
8,276 sqft lot
$N/A/sqft
No HOA
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 |
Housing Distribution
Address Breakdown
Residential
10,445
Single Family
10,299
Multi-Family
146
Businesses
596
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Listed by: Kendrick Davis • Davis Realty Group
Mls Name: MIBOR as distributed by MLS GRID
Mls ID: #22079307