1535 Tannery WayIndianapolisIN46202
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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 1535 Tannery Way, Indianapolis, IN, 46202 earns $114/mo cash flow from $2,394/mo rent with a $1,859/mo payment. Total monthly income totals $2,394/mo, and annual cash flow totals $1,367/yr on $125,937 capital. ROI tracks 20.99% on current figures, and rental yield reads 7.56% at a $379,900 purchase. Equity gained on principal adds $2,451/yr, and 5% annual appreciation supports $104,959 over five years. Five-year ROI reaches 108.41% and total cumulative return in cash sums $136,529. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,394/mo property income instead of your personal income.
Single Family
Built in 2021
871.20 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: Ted O'Donnell • F.C. Tucker Company
Mls Name: MIBOR as distributed by MLS GRID
Mls ID: #22080119