1415 Lawton 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 1415 Lawton Ave, Indianapolis, IN, 46203 offers $1,370/mo rent that, after a $781/mo payment, leaves $387/mo cash flow. Total monthly income is $1,370/mo, and annual cash flow is $4,642/yr on $52,874 cash. Return on cash invested measures 28.69% in year one, and rental yield stands at 10.31% at a $159,500 entry. Equity gained on principal adds $1,029/yr while 5% annual appreciation compounds into $44,067 by year five. Five-year ROI records 149.9% and total cumulative return in cash reaches $79,261. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,370/mo property income versus a $781/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
N/A 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
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Listed by: N/A • N/A
Mls Name: Zillow Rentals
Mls ID: #N/A