1305 Villa AveIndianapolisIN46203
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 1305 Villa Ave, Indianapolis, IN, 46203 priced at $285,800 converts $2,029/mo rent into $313/mo cash flow after a $1,399/mo obligation. Total monthly income equals $2,029/mo, and annual cash flow totals $3,753/yr on $94,743 invested. Return on cash invested prints 23.87% in year one, and rental yield reads 8.52% against a $285,800 entry. Equity gained on principal adds $1,844/yr, while 5% annual appreciation compiles into $78,961 by year five. Five-year ROI reaches 123.85% and total cumulative return in cash sums $117,342. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,029/mo property income covering a $1,399/mo payment, not borrower’s personal income.
Single Family
Built in 1920
4,660 sqft 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A