1230 Harlan StIndianapolisIN46203
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 1230 Harlan St, Indianapolis, IN, 46203 priced at $420,200 converts $4,313/mo rent into $1,312/mo cash flow after a $2,057/mo obligation. Total monthly income equals $4,313/mo, and annual cash flow totals $15,739/yr on $139,296 invested. Return on cash invested prints 31.21% in year one, and rental yield reads 12.32% against a $420,200 entry. Equity gained on principal adds $2,711/yr, while 5% annual appreciation compiles into $116,094 by year five. Five-year ROI reaches 164.69% and total cumulative return in cash sums $229,402. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,313/mo property income covering a $2,057/mo payment, not borrower’s personal income.
Single Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46203, Indianapolis, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,183 (100%) |
| Owner Occupied HU | 8,432 (46.4%) |
| Renter Occupied HU | 7,696 (42.3%) |
| Vacant Housing Units | 2,055 (11.3%) |
| Median Home Value | $189,972 |
| Average Home Value | $247,147 |
Housing Distribution
Address Breakdown
Residential
16,323
Single Family
15,372
Multi-Family
951
Businesses
1,194
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Listed by: N/A • N/A
Mls Name: Zillow Rentals
Mls ID: #N/A