1208 W 79th StIndianapolisIN46260
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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 1208 W 79th St, Indianapolis, IN, 46260 listed at $290,000 pairs $2,183/mo rent with a $1,419/mo payment to leave $443/mo cash flow. Total monthly income runs $2,183/mo, and annual cash flow reaches $5,311/yr on $96,135 cash to close. Return on cash invested measures 25.43% in year one, and rental yield registers 9.03% at a $290,000 basis. Equity gained on principal adds $1,871/yr, and annual property appreciation at 5% supports $80,122 by year five. Five-year ROI tracks 132.22% and total cumulative return in cash totals $127,108. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,183/mo property income relative to a $1,419/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1964
0.36 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46260, Indianapolis, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,842 (100%) |
| Owner Occupied HU | 7,029 (44.4%) |
| Renter Occupied HU | 7,577 (47.8%) |
| Vacant Housing Units | 1,236 ( 7.8%) |
| Median Home Value | $322,134 |
| Average Home Value | $385,713 |
Housing Distribution
Address Breakdown
Residential
15,242
Single Family
11,322
Multi-Family
3,920
Businesses
683
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Nearby investment properties with comparable prices
Listed by: Jacob Ellis • Blue Sky Realty Group
Mls Name: MIBOR as distributed by MLS GRID
Mls ID: #22053881