1922 Westview DrIndianapolisIN46221
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowInvestors targeting immediate dollar income will find 1922 Westview Dr, Indianapolis, IN, 46221 in Indianapolis hard to pass up. The 11.56% gross yield on a $149,500 purchase results in $1,440/mo in rent and $543/mo in net cash, well above the spread required for Ziffy Mortgage's DSCR qualification (2.14). Annual cash flow of $6,511, five-year appreciation of $41,304, and $1,377/yr in equity build-up combine for a projected total cumulative return of $91,536.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.6% | 6.8% |
| Monthly Cash Flow | $543 | $450 |
City averages based on Indianapolis market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,440 |
| Total Monthly Debt Service | $838 |
| DSCR Ratio | 1.72x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1930
4,791 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 1930
4,791 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Susan Miller • F.C. Tucker Company
Mls Name: MIBOR as distributed by MLS GRID
Mls ID: #22067602