11845 Railroad StIndianapolisIN46236
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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 11845 Railroad St, Indianapolis, IN, 46236 uses $54,698 cash to close to unlock $3,961/yr annual cash flow and $330/mo monthly cash flow. Total monthly income runs $1,321/mo, and a $808/mo payment keeps the spread at $330/mo. Purchase price stands at $165,000, and rental yield measures 9.61% with $1,321/mo rent. Return on cash invested shows 27.15% in year one, and 5% annual appreciation builds toward $45,586 over five years. Five-year ROI reaches 141.53% and total cumulative return in cash records $77,411. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,321/mo property income covering a $808/mo payment rather than investor’s personal income.
Single Family
Built in 1930
7,405 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: Emily Cordes • BluPrint Real Estate Group
Mls Name: MIBOR as distributed by MLS GRID
Mls ID: #22078661