17th Street And Sheldon St #DQV2U5IndianapolisIN46218
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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 17th Street And Sheldon St #DQV2U5, Indianapolis, IN, 46218 uses $150,700 cash to close to unlock $9,254/yr annual cash flow and $771/mo monthly cash flow. Total monthly income runs $3,500/mo, and a $2,225/mo payment keeps the spread at $771/mo. Purchase price stands at $454,600, and rental yield measures 9.24% with $3,500/mo rent. Return on cash invested shows 26.05% in year one, and 5% annual appreciation builds toward $125,598 over five years. Five-year ROI reaches 135.54% and total cumulative return in cash records $204,262. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,500/mo property income covering a $2,225/mo payment rather than investor’s personal income.
Single Family
Built in 2023
N/A 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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