1541 Walker AveIndianapolisIN46203
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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 1541 Walker Ave, Indianapolis, IN, 46203 listed at $192,000 pairs $1,908/mo rent with a $940/mo payment to leave $755/mo cash flow. Total monthly income runs $1,908/mo, and annual cash flow reaches $9,062/yr on $63,648 cash to close. Return on cash invested measures 34.15% in year one, and rental yield registers 11.92% at a $192,000 basis. Equity gained on principal adds $1,239/yr, and annual property appreciation at 5% supports $53,046 by year five. Five-year ROI tracks 179% and total cumulative return in cash totals $113,932. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,908/mo property income relative to a $940/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1915
3,484 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: Lori Lawrence • The Modglin Group
Mls Name: MIBOR as distributed by MLS GRID
Mls ID: #22063961