1302 N Leland AveIndianapolisIN46219
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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 1302 N Leland Ave, Indianapolis, IN, 46219 earns $507/mo cash flow from $2,089/mo rent with a $1,290/mo payment. Total monthly income totals $2,089/mo, and annual cash flow totals $6,084/yr on $87,350 capital. ROI tracks 26.87% on current figures, and rental yield reads 9.51% at a $263,500 purchase. Equity gained on principal adds $1,700/yr, and 5% annual appreciation supports $72,800 over five years. Five-year ROI reaches 139.93% and total cumulative return in cash sums $122,232. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,089/mo property income instead of your personal income.
Single Family
Built in 1939
6,969 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: N/A • N/A
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