1945 N Berwick AveIndianapolisIN46222
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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 1945 N Berwick Ave, Indianapolis, IN, 46222 earns $183/mo cash flow from $891/mo rent with a $577/mo payment. Total monthly income totals $891/mo, and annual cash flow totals $2,200/yr on $39,084 capital. ROI tracks 25.54% on current figures, and rental yield reads 9.07% at a $117,900 purchase. Equity gained on principal adds $761/yr, and 5% annual appreciation supports $32,574 over five years. Five-year ROI reaches 132.84% and total cumulative return in cash sums $51,920. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $891/mo property income instead of your personal income.
Single Family
Built in 1950
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46222, Indianapolis, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,412 (100%) |
| Owner Occupied HU | 5,545 (33.8%) |
| Renter Occupied HU | 8,728 (53.2%) |
| Vacant Housing Units | 2,139 (13.0%) |
| Median Home Value | $108,604 |
| Average Home Value | $188,902 |
Housing Distribution
Address Breakdown
Residential
14,755
Single Family
13,616
Multi-Family
1,139
Businesses
977
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Listed by: Isamar Winzenread • CENTURY 21 Scheetz
Mls Name: MIBOR as distributed by MLS GRID
Mls ID: #22054181