1754 Asbury StIndianapolisIN46203
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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 1754 Asbury St, Indianapolis, IN, 46203 offers a 9.4% rental yield on a $110,000 purchase with $862/mo rent. Total monthly income registers $862/mo, and a $538/mo payment leaves $202/mo available for distribution. Annual cash flow reaches $2,425/yr on $36,465 to close, and return on cash invested stands at 26.56% in year one. Equity gained on principal adds $710/yr while 5% annual appreciation supports $30,391 over five years. Portfolio math shows five-year ROI at 138.38% and total cumulative return in cash at $50,460. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $862/mo property income against a $538/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1949
4,356 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: Joe Everhart • Everhart Studio, Ltd.
Mls Name: MIBOR as distributed by MLS GRID
Mls ID: #22064930