2170 S East StIndianapolisIN46225
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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 2170 S East St, Indianapolis, IN, 46225 generates $1,609/mo in rent, after a $1,441/mo payment. Total monthly income is $1,609/mo. Return on cash invested sits at 17.96% in year one, and rental yield is 6.56% on a $294,500 entry. Equity gained on principal adds $1,900/yr, while 5% annual appreciation builds toward $81,365 over five years. Five-year ROI reaches 92.16% and total cumulative return in cash sums $89,977. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,609/mo property income rather than buyer’s personal income.
Single Family
Built in 1955
4,356 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46225, Indianapolis, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,209 (100%) |
| Owner Occupied HU | 1,243 (38.7%) |
| Renter Occupied HU | 1,373 (42.8%) |
| Vacant Housing Units | 593 (18.5%) |
| Median Home Value | $163,267 |
| Average Home Value | $214,771 |
Housing Distribution
Address Breakdown
Residential
3,085
Single Family
2,661
Multi-Family
424
Businesses
504
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Listed by: Richard Howenstine • Right House Realty, LLC
Mls Name: MIBOR as distributed by MLS GRID
Mls ID: #22045215