119 S Hawthorne LnIndianapolisIN46219
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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
Rental property for sale in Indianapolis at 119 S Hawthorne Ln, Indianapolis, IN, 46219 priced at $150,000 pairs $1,160/mo rent with $260/mo cash flow after a $734/mo payment. Total monthly income equals $1,160/mo, and annual cash flow comes to $3,117/yr on $49,725 invested. Return on cash invested is 26.18% in year one, and rental yield stands at 9.28% on a $150,000 basis. Equity gained on principal adds $968/yr, and 5% annual appreciation accumulates to $41,442 by year five. Five-year ROI measures 136.24% and total cumulative return in cash reaches $67,746. For financing, Ziffy Mortgage’s DSCR program evaluates $1,160/mo property income against a $734/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1910
5,227 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46219, Indianapolis, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,635 (100%) |
| Owner Occupied HU | 8,859 (53.3%) |
| Renter Occupied HU | 6,462 (38.8%) |
| Vacant Housing Units | 1,314 ( 7.9%) |
| Median Home Value | $207,615 |
| Average Home Value | $227,043 |
Housing Distribution
Address Breakdown
Residential
16,059
Single Family
14,379
Multi-Family
1,680
Businesses
1,295
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Listed by: Fletcher Daly • New Quantum Realty Group
Mls Name: MIBOR as distributed by MLS GRID
Mls ID: #22072887