1226 Bacon St, Indianapolis, IN, 46227 | $313/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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1226 Bacon St, Indianapolis, IN, 46227 | $313/mo Cash Flow | Ziffy

For Sale

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 1226 Bacon St, Indianapolis, IN, 46227 uses $58,013 cash to close to unlock $3,756/yr annual cash flow and $313/mo monthly cash flow. Total monthly income runs $1,364/mo, and a $857/mo payment keeps the spread at $313/mo. Purchase price stands at $175,000, and rental yield measures 9.35% with $1,364/mo rent. Return on cash invested shows 26.38% in year one, and 5% annual appreciation builds toward $48,349 over five years. Five-year ROI reaches 137.4% and total cumulative return in cash records $79,711. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,364/mo property income covering a $857/mo payment rather than investor’s personal income.

Single Family

Built in 1960

10,018 sqft lot

$N/A/sqft

No HOA

More details about the property

Welcome to 1226 Bacon ST, INDIANAPOLIS, IN, a single-family residence nestled on a generous lot within Marion County, presenting an inviting home ready for you to move in. The heart of this residence lies in its kitchen, where culinary dreams take flight amidst the elegance of stone countertops and the timeless appeal of shaker cabinets, creating a space that is as functional as it is beautiful. The living room, a haven of relaxation and connection, features a wood wall that adds warmth and character, offering a unique backdrop for your personal style and cherished moments. Outside, a porch extends a warm welcome, inviting you to linger and enjoy the peaceful neighborhood ambiance; while the fenced backyard offers a private retreat for outdoor enjoyment and relaxation. The convenience of a dedicated laundry room adds to the home's practicality, ensuring that daily chores are managed with ease. This property features 1312 square feet of living area, thoughtfully distributed across a single story to include three bedrooms, one full bathroom, and one half bathroom, all situated on a sprawling 10062 square foot lot. This 1960 residence harmonizes classic charm with modern convenience, offering a canvas for you to create a life filled with comfort and style.

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