2157 Sugar Grove 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
Investment property for sale in Indianapolis at 2157 Sugar Grove Ave, Indianapolis, IN, 46202 uses $56,322 cash to close to unlock $3,272/yr annual cash flow and $273/mo monthly cash flow. Total monthly income runs $1,293/mo, and a $832/mo payment keeps the spread at $273/mo. Purchase price stands at $169,900, and rental yield measures 9.13% with $1,293/mo rent. Return on cash invested shows 25.72% in year one, and 5% annual appreciation builds toward $46,940 over five years. Five-year ROI reaches 133.78% and total cumulative return in cash records $75,350. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,293/mo property income covering a $832/mo payment rather than investor’s personal income.
Single Family
Built in 1920
4,791 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: Brian Wayman • CENTURY 21 Scheetz
Mls Name: MIBOR as distributed by MLS GRID
Mls ID: #22059571