2142 N Harding StIndianapolisIN46202
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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 2142 N Harding St, Indianapolis, IN, 46202 offers $1,744/mo rent that, after a $573/mo payment, leaves $891/mo cash flow. Total monthly income is $1,744/mo, and annual cash flow is $10,689/yr on $38,819 cash. Return on cash invested measures 47.44% in year one, and rental yield stands at 17.87% at a $117,100 entry. Equity gained on principal adds $756/yr while 5% annual appreciation compounds into $32,353 by year five. Five-year ROI records 251.96% and total cumulative return in cash reaches $97,809. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,744/mo property income versus a $573/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Multi Family
Built in 1910
8,537 sqft lot
$N/A/sqft
No 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
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