1510 Central AveIndianapolisIN46202
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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 1510 Central Ave, Indianapolis, IN, 46202 at $1,025,000 posts ROI 11.24% with from $3,625/mo rent. Total monthly income equals $3,625/mo. Return on cash invested measures 11.24% and rental yield reads 4.24% at the current $1,025,000. Equity gained on principal adds $6,614/yr, and 5% annual appreciation supports $283,189 by year five. Five-year ROI prints 55.98% and total cumulative return in cash totals $185,896. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,625/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2005
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46202, Indianapolis, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,972 (100%) |
| Owner Occupied HU | 3,194 (22.9%) |
| Renter Occupied HU | 8,977 (64.2%) |
| Vacant Housing Units | 1,801 (12.9%) |
| Median Home Value | $408,240 |
| Average Home Value | $460,200 |
Housing Distribution
Address Breakdown
Residential
12,576
Single Family
6,063
Multi-Family
6,513
Businesses
1,266
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Listed by: James Anthony • F.C. Tucker Company
Mls Name: MIBOR as distributed by MLS GRID
Mls ID: #22034800