2139 College AveIndianapolisIN46202
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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 2139 College Ave, Indianapolis, IN, 46202 priced at $339,400 pairs $3,085/mo rent with $940/mo cash flow after a $1,661/mo payment. Total monthly income equals $3,085/mo, and annual cash flow comes to $11,279/yr on $112,511 invested. Return on cash invested is 29.93% in year one, and rental yield stands at 10.91% on a $339,400 basis. Equity gained on principal adds $2,190/yr, and 5% annual appreciation accumulates to $93,770 by year five. Five-year ROI measures 156.76% and total cumulative return in cash reaches $176,374. For financing, Ziffy Mortgage’s DSCR program evaluates $3,085/mo property income against a $1,661/mo payment instead of your W2s, 1099s, or Tax returns.
Townhouse
Built in 2024
N/A lot
$N/A/sqft
$100 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46202, Indianapolis, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,972 (100%) |
| Owner Occupied HU | 3,194 (22.9%) |
| Renter Occupied HU | 8,977 (64.2%) |
| Vacant Housing Units | 1,801 (12.9%) |
| Median Home Value | $408,240 |
| Average Home Value | $460,200 |
Housing Distribution
Address Breakdown
Residential
12,576
Single Family
6,063
Multi-Family
6,513
Businesses
1,266
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Listed by: N/A • N/A
Mls Name: Onyx + East
Mls Provider:
Mls ID: #N/A