1331 N Ewing St, Indianapolis, IN, 46201 | $807/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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1331 N Ewing St, Indianapolis, IN, 46201 | $807/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Indianapolis at 1331 N Ewing St, Indianapolis, IN, 46201 uses $72,930 cash to close to unlock $9,686/yr annual cash flow and $807/mo monthly cash flow. Total monthly income runs $2,128/mo, and a $1,077/mo payment keeps the spread at $807/mo. Purchase price stands at $220,000, and rental yield measures 11.61% with $2,128/mo rent. Return on cash invested shows 33.19% in year one, and 5% annual appreciation builds toward $60,782 over five years. Five-year ROI reaches 173.87% and total cumulative return in cash records $126,803. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,128/mo property income covering a $1,077/mo payment rather than investor’s personal income.

Single Family

Built in 2025

4,791 sqft lot

$N/A/sqft

No HOA

More details about the property

What a wonderful opportunity and price for a NEW CONSTRUCTION HOME in the Brookside Neighborhood on the Near East Side. So many Eastside amenities nearby the East 10th St Renaissance including Bottleworks, Factory Arts, Brookside/Spades Park and Pool, Mayfair Tap Room and much more. This modern two-story home features a large welcoming living room. The All kitchen appliances are included in the sale of the home. Master bedroom features large walk-in closet and upstairs laundry room. Take the hassle out of new homeownership with this new construction home. Minibarn included with the sale. Numerous opportunities available for downpayment assistance grants $10,000-$25,000 available depending on the buyer. Buyer's income must qualify under current HUD Income Limits. Property must be owner-occupied. INCOME RESTRICTIONS APPLY WITHOUT EXCEPTION! HUD HOME Program Income Limits - total combined household income of all members 18+ cannot exceed the following income thresholds: 1 person:$62,000, 2 persons: $70,850, 3 persons:$79,700, 4 persons:$88,550,5 persons:$95,650,6 persons:$102,750. Property Taxes Reflect a non-profit tax exemtion and pre-construction assessment. Come make the Rivoli Park your new downtown home. Completion est. 11/8/25. Property must be owner-occupied by buyer for 5 years to avoid repayment of construction subsidy in the home. INCOME RESTRICTIONS APPLY WITHOUT EXCEPTION! Per HOME/Federal regulations this home must be sold to Buyers at/below 80% of HUD Area Median Income. PHOTOS ARE OF SIMILAR HOME

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