1715 Perry Commons Blvd, Indianapolis, IN, 46217 | $587/mo Cash Flow

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1715 Perry Commons Blvd, Indianapolis, IN, 46217 | $587/mo Cash Flow | Ziffy

Off market

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Indianapolis at 1715 Perry Commons Blvd, Indianapolis, IN, 46217 with 5% annual appreciation on a $262,600 basis while $2,236/mo rent supports operations. Total monthly income totals $2,236/mo and a $1,285/mo payment preserves $587/mo for cash returns. Annual cash flow comes to $7,043/yr on $87,052 deployed, and return on cash invested reaches 28% in year one. Equity gained on principal adds $1,695/yr, and five-year appreciation sums $72,552 alongside rental yield of 10.22%. Five-year ROI measures 146.33% and total cumulative return in cash totals $127,386.

Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,236/mo property income versus a $1,285/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.

Single Family

Built in 1999

7,405 sqft lot

$N/A/sqft

$17 monthly HOA

More details about the property

Check out this move in ready 3 bedroom 2 full bath ranch in popular Perry Commons subdivision. It has fresh neutral paint throughout. The large great room has newer laminate hardwood and cathedral ceiling. Master bedroom has a walk-in closet, stand up shower stall, and whirlpool tub. The backyard is fenced in and has a large deck with pergola that's perfect for entertaining or relaxing on after a hard day of work. It even has a freshly painted finished garage. Hurry up and call your realtor because this one won't last long!

Neighborhood Data

Neighborhood data shown for ZIP Code: 46217, Indianapolis, IN area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	13,196 (100%)
Owner Occupied HU	9,776 (74.1%)
Renter Occupied HU	2,911 (22.1%)
Vacant Housing Units	509 ( 3.9%)
Median Home Value	$270,235
Average Home Value	$283,488