2217 Riviera StIndianapolisIN46260
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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 2217 Riviera St, Indianapolis, IN, 46260 earns $193/mo cash flow from $1,873/mo rent with a $1,370/mo payment. Total monthly income totals $1,873/mo, and annual cash flow totals $2,313/yr on $92,787 capital. ROI tracks 22.4% on current figures, and rental yield reads 8.03% at a $279,900 purchase. Equity gained on principal adds $1,806/yr, and 5% annual appreciation supports $77,331 over five years. Five-year ROI reaches 115.97% and total cumulative return in cash sums $107,605. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,873/mo property income instead of your personal income.
Single Family
Built in 1929
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46260, Indianapolis, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,842 (100%) |
| Owner Occupied HU | 7,029 (44.4%) |
| Renter Occupied HU | 7,577 (47.8%) |
| Vacant Housing Units | 1,236 ( 7.8%) |
| Median Home Value | $322,134 |
| Average Home Value | $385,713 |
Housing Distribution
Address Breakdown
Residential
15,242
Single Family
11,322
Multi-Family
3,920
Businesses
683
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Nearby investment properties with comparable prices
Listed by: Shannon Adair • Canon Real Estate Services LLC
Mls Name: MIBOR as distributed by MLS GRID
Mls ID: #22058714