1463 Shadow Ridge RdIndianapolisIN46280
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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 1463 Shadow Ridge Rd, Indianapolis, IN, 46280 generates $2,695/mo in rent and, after a $1,583/mo payment, leaves $753/mo in cash flow. Total monthly income is $2,695/mo, and annual cash flow is $9,042/yr on $107,240 invested. Return on cash invested sits at 28.34% in year one, and rental yield is 10% on a $323,500 entry. Equity gained on principal adds $2,087/yr, while 5% annual appreciation builds toward $89,377 over five years. Five-year ROI reaches 147.83% and total cumulative return in cash sums $158,530. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,695/mo property income rather than buyer’s personal income.
Condo
Built in 2001
5,662 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46280, Indianapolis, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,987 (100%) |
| Owner Occupied HU | 2,438 (61.1%) |
| Renter Occupied HU | 1,325 (33.2%) |
| Vacant Housing Units | 224 ( 5.6%) |
| Median Home Value | $415,727 |
| Average Home Value | $436,357 |
Housing Distribution
Address Breakdown
Residential
3,819
Single Family
3,612
Multi-Family
207
Businesses
254
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Listed by: Staci Woods • Keller Williams Indy Metro NE
Mls Name: MIBOR as distributed by MLS GRID
Mls ID: #22080767