1706 Ingram StIndianapolisIN46218
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Rental property for sale in Indianapolis at 1706 Ingram St, Indianapolis, IN, 46218 offers $1,892/mo rent that, after a $2,129/mo payment. Total monthly income is $1,892/mo. Return on cash invested measures 13.92% in year one, and rental yield stands at 5.22% at a $435,000 entry. Equity gained on principal adds $2,807/yr while 5% annual appreciation compounds into $120,182 by year five. Five-year ROI records 70.5% and total cumulative return in cash reaches $101,664. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,892/mo property income versus a $2,129/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Multi Family
Built in 2026
5,227 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46218, Indianapolis, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,771 (100%) |
| Owner Occupied HU | 5,612 (38.0%) |
| Renter Occupied HU | 6,950 (47.1%) |
| Vacant Housing Units | 2,209 (15.0%) |
| Median Home Value | $94,245 |
| Average Home Value | $146,693 |
Housing Distribution
Address Breakdown
Residential
13,220
Single Family
12,746
Multi-Family
474
Businesses
864
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Nearby investment properties with comparable prices
Listed by: Edward Neu • Neu Real Estate Group
Mls Name: MIBOR as distributed by MLS GRID
Mls ID: #22080143