17th Street And Sheldon St #O73ACNIndianapolisIN46218
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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
Rental property for sale in Indianapolis at 17th Street And Sheldon St #O73ACN, Indianapolis, IN, 46218 priced at $431,000 converts $3,458/mo rent into $870/mo cash flow after a $2,110/mo obligation. Total monthly income equals $3,458/mo, and annual cash flow totals $10,444/yr on $142,877 invested. Return on cash invested prints 27.22% in year one, and rental yield reads 9.63% against a $431,000 entry. Equity gained on principal adds $2,781/yr, while 5% annual appreciation compiles into $119,077 by year five. Five-year ROI reaches 141.81% and total cumulative return in cash sums $202,613. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,458/mo property income covering a $2,110/mo payment, not borrower’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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