1312 N Dearborn StIndianapolisIN46201
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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
Rental property for sale in Indianapolis at 1312 N Dearborn St, Indianapolis, IN, 46201 generates $1,158/mo in rent and, after a $739/mo payment, leaves $252/mo in cash flow. Total monthly income is $1,158/mo, and annual cash flow is $3,020/yr on $50,057 invested. Return on cash invested sits at 25.94% in year one, and rental yield is 9.2% on a $151,000 entry. Equity gained on principal adds $974/yr, while 5% annual appreciation builds toward $41,719 over five years. Five-year ROI reaches 134.98% and total cumulative return in cash sums $67,568. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,158/mo property income rather than buyer’s personal income.
Townhouse
Built in 1900
3,484 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46201, Indianapolis, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,692 (100%) |
| Owner Occupied HU | 5,885 (37.5%) |
| Renter Occupied HU | 7,357 (46.9%) |
| Vacant Housing Units | 2,450 (15.6%) |
| Median Home Value | $171,197 |
| Average Home Value | $199,735 |
Housing Distribution
Address Breakdown
Residential
14,022
Single Family
13,239
Multi-Family
783
Businesses
626
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Listed by: Dana Rivers • Resolute Realty
Mls Name: MIBOR as distributed by MLS GRID
Mls ID: #22065442