1722 E 72nd St, Indianapolis, IN, 46240 | $361/mo Cash Flow

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1722 E 72nd St, Indianapolis, IN, 46240 | $361/mo Cash Flow | Ziffy

For Sale

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 1722 E 72nd St, Indianapolis, IN, 46240 offers a 9.54% rental yield on a $185,000 purchase with $1,471/mo rent. Total monthly income registers $1,471/mo, and a $905/mo payment leaves $361/mo available for distribution. Annual cash flow reaches $4,332/yr on $61,328 to close, and return on cash invested stands at 26.97% in year one. Equity gained on principal adds $1,194/yr while 5% annual appreciation supports $51,112 over five years. Portfolio math shows five-year ROI at 140.46% and total cumulative return in cash at $86,139. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,471/mo property income against a $905/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 1976

7,840 sqft lot

$N/A/sqft

No HOA

More details about the property

This open-concept ranch offers four bedrooms and two bathrooms with a functional layout and solid potential. The home includes stone siding, a gas fireplace, and a sliding glass door leading to the backyard. A shed for additional storage is also located in the backyard. Recent updates include a new HVAC system and new water heater. The property sits in an established area with friendly neighbors and is just minutes from Broad Ripple and Downtown Indianapolis, providing convenient access to restaurants, shopping, and daily amenities. A practical option for buyers looking for space, convenience, and the opportunity to add their own finishing touches.

Neighborhood Data

Neighborhood data shown for ZIP Code: 46240, Indianapolis, IN area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	12,313 (100%)
Owner Occupied HU	4,833 (39.3%)
Renter Occupied HU	5,655 (45.9%)
Vacant Housing Units	1,825 (14.8%)
Median Home Value	$355,378
Average Home Value	$432,769