1842 Westview DrIndianapolisIN46221
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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 1842 Westview Dr, Indianapolis, IN, 46221 generates $1,506/mo in rent and, after a $979/mo payment, leaves $305/mo in cash flow. Total monthly income is $1,506/mo, and annual cash flow is $3,664/yr on $66,300 invested. Return on cash invested sits at 25.44% in year one, and rental yield is 9.04% on a $200,000 entry. Equity gained on principal adds $1,291/yr, while 5% annual appreciation builds toward $55,256 over five years. Five-year ROI reaches 132.28% and total cumulative return in cash sums $87,704. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,506/mo property income rather than buyer’s personal income.
Single Family
Built in 2025
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46221, Indianapolis, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,205 (100%) |
| Owner Occupied HU | 6,485 (57.9%) |
| Renter Occupied HU | 3,906 (34.9%) |
| Vacant Housing Units | 814 ( 7.3%) |
| Median Home Value | $209,976 |
| Average Home Value | $214,246 |
Housing Distribution
Address Breakdown
Residential
10,643
Single Family
10,523
Multi-Family
120
Businesses
359
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Listed by: David G Price • Fathom Realty
Mls Name: MIBOR as distributed by MLS GRID
Mls ID: #22060193