117 Walleye Ct, Indianapolis, IN, 46227 | $544/mo Cash Flow

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Monthly Cash Flow: 1 - 3k+

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117 Walleye Ct, Indianapolis, IN, 46227 | $544/mo Cash Flow | Ziffy

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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 117 Walleye Ct, Indianapolis, IN, 46227 listed at $231,900 pairs $1,936/mo rent with a $1,135/mo payment to leave $544/mo cash flow. Total monthly income runs $1,936/mo, and annual cash flow reaches $6,528/yr on $76,875 cash to close. Return on cash invested measures 28.4% in year one, and rental yield registers 10.02% at a $231,900 basis. Equity gained on principal adds $1,496/yr, and annual property appreciation at 5% supports $64,070 by year five. Five-year ROI tracks 148.13% and total cumulative return in cash totals $113,871. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,936/mo property income relative to a $1,135/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Single Family

Built in 1994

10,454 sqft lot

$N/A/sqft

No HOA

More details about the property

Welcome to this inviting 1,827 sq. ft. attached patio home featuring 3 bedrooms and 2 full baths. From the moment you step into the spacious great room with its vaulted ceiling, gas fireplace, and open flow to the dining area, you'll feel right at home and ready to entertain. The kitchen is designed with cooks in mind-offering plenty of space to move around and create. Recent updates include stylish countertops, a copper sink, laminate vinyl flooring, and modern appliances. The primary suite is a relaxing retreat with a cathedral ceiling, laminate flooring, walk-in closet, single vanity, and shower. A bright sunroom extends off the primary bedroom and opens to a private deck-perfect for morning coffee or quiet evenings. Enjoy outdoor living on the main deck, which overlooks a nicely sized yard set on a peaceful cul-de-sac lot. This home is completed with a 22x19 2 car attached finished garage.

Neighborhood Data

Neighborhood data shown for ZIP Code: 46227, Indianapolis, IN area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	26,281 (100%)
Owner Occupied HU	11,170 (42.5%)
Renter Occupied HU	13,020 (49.5%)
Vacant Housing Units	2,091 ( 8.0%)
Median Home Value	$234,494
Average Home Value	$260,259