1348 Secretariat LnIndianapolisIN46217
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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 1348 Secretariat Ln, Indianapolis, IN, 46217 with 5% annual appreciation on a $297,000 basis while $2,100/mo rent supports operations. Total monthly income totals $2,100/mo and a $1,454/mo payment preserves $317/mo for cash returns. Annual cash flow comes to $3,802/yr on $98,456 deployed, and return on cash invested reaches 23.77% in year one. Equity gained on principal adds $1,916/yr, and five-year appreciation sums $82,056 alongside rental yield of 8.48%. Five-year ROI measures 123.31% and total cumulative return in cash totals $121,410.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,100/mo property income versus a $1,454/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1987
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46217, Indianapolis, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,196 (100%) |
| Owner Occupied HU | 9,776 (74.1%) |
| Renter Occupied HU | 2,911 (22.1%) |
| Vacant Housing Units | 509 ( 3.9%) |
| Median Home Value | $270,235 |
| Average Home Value | $283,488 |
Housing Distribution
Address Breakdown
Residential
13,204
Single Family
11,627
Multi-Family
1,577
Businesses
676
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Listed by: Connor Morgan • Fathom Realty
Mls Name: MIBOR as distributed by MLS GRID
Mls ID: #22074467