1322 Lee StIndianapolisIN46221
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
Investment property for sale in Indianapolis at 1322 Lee St, Indianapolis, IN, 46221 at $115,300 posts ROI 33.53% with $434/mo cash flow from $1,253/mo rent. Total monthly income equals $1,253/mo, and annual cash flow records $5,208/yr on $38,222 to close. Return on cash invested measures 33.53% and rental yield reads 13.04% at the current $115,300. Equity gained on principal adds $744/yr, and 5% annual appreciation supports $31,855 by year five. Five-year ROI prints 177.09% and total cumulative return in cash totals $67,688.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,253/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Multi Family
Built in 1860
5,488 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46221, Indianapolis, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,205 (100%) |
| Owner Occupied HU | 6,485 (57.9%) |
| Renter Occupied HU | 3,906 (34.9%) |
| Vacant Housing Units | 814 ( 7.3%) |
| Median Home Value | $209,976 |
| Average Home Value | $214,246 |
Housing Distribution
Address Breakdown
Residential
10,643
Single Family
10,523
Multi-Family
120
Businesses
359
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Nearby investment properties with comparable prices
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