146 E Troy AveIndianapolisIN46225
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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 146 E Troy Ave, Indianapolis, IN, 46225 priced at $149,900 pairs $1,157/mo rent with $257/mo cash flow after a $734/mo payment. Total monthly income equals $1,157/mo, and annual cash flow comes to $3,082/yr on $49,692 invested. Return on cash invested is 26.11% in year one, and rental yield stands at 9.26% on a $149,900 basis. Equity gained on principal adds $967/yr, and 5% annual appreciation accumulates to $41,415 by year five. Five-year ROI measures 135.86% and total cumulative return in cash reaches $67,511. For financing, Ziffy Mortgage’s DSCR program evaluates $1,157/mo property income against a $734/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1940
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46225, Indianapolis, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,209 (100%) |
| Owner Occupied HU | 1,243 (38.7%) |
| Renter Occupied HU | 1,373 (42.8%) |
| Vacant Housing Units | 593 (18.5%) |
| Median Home Value | $163,267 |
| Average Home Value | $214,771 |
Housing Distribution
Address Breakdown
Residential
3,085
Single Family
2,661
Multi-Family
424
Businesses
504
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Listed by: Isabella Frazier • Trelora Realty
Mls Name: MIBOR as distributed by MLS GRID
Mls ID: #22076889