1524 S East StIndianapolisIN46225
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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
Total monthly income runs $1,410/mo, and a $1,517/mo payment. Purchase price stands at $309,900, and rental yield measures 5.46% with $1,410/mo rent. Return on cash invested shows 14.65% in year one, and 5% annual appreciation builds toward $85,620 over five years. Five-year ROI reaches 74.38% and total cumulative return in cash records $76,416. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,410/mo property income covering a $1,517/mo payment rather than investor’s personal income.
Townhouse
Built in 1925
2,613 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: Lauren Perry • Keller Williams Indy Metro S
Mls Name: MIBOR as distributed by MLS GRID
Mls ID: #22063401