1835 E 75th StIndianapolisIN46240
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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 1835 E 75th St, Indianapolis, IN, 46240 offers a 8.61% rental yield on a $230,000 purchase with $1,650/mo rent. Total monthly income registers $1,650/mo, and a $1,126/mo payment leaves $269/mo available for distribution. Annual cash flow reaches $3,229/yr on $76,245 to close, and return on cash invested stands at 24.14% in year one. Equity gained on principal adds $1,484/yr while 5% annual appreciation supports $63,545 over five years. Portfolio math shows five-year ROI at 125.37% and total cumulative return in cash at $95,587. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,650/mo property income against a $1,126/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1954
0.26 Acres lot
$N/A/sqft
No HOA
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 |
Housing Distribution
Address Breakdown
Residential
11,010
Single Family
6,951
Multi-Family
4,059
Businesses
1,461
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Listed by: Donald Lawless • F.C. Tucker Company
Mls Name: MIBOR as distributed by MLS GRID
Mls ID: #22076323