1524 Pleasant StIndianapolisIN46203
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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 1524 Pleasant St, Indianapolis, IN, 46203 listed at $153,500 pairs $1,174/mo rent with a $751/mo payment to leave $253/mo cash flow. Total monthly income runs $1,174/mo, and annual cash flow reaches $3,034/yr on $50,885 cash to close. Return on cash invested measures 25.87% in year one, and rental yield registers 9.18% at a $153,500 basis. Equity gained on principal adds $991/yr, and annual property appreciation at 5% supports $42,409 by year five. Five-year ROI tracks 134.59% and total cumulative return in cash totals $68,485. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,174/mo property income relative to a $751/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1864
4,791 sqft 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: Steve Daniely • Landtree, REALTORS
Mls Name: MIBOR as distributed by MLS GRID
Mls ID: #22075919