2257 Brookside AveIndianapolisIN46218
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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 2257 Brookside Ave, Indianapolis, IN, 46218 listed at $225,900 pairs $1,583/mo rent with a $1,106/mo payment to leave $227/mo cash flow. Total monthly income runs $1,583/mo, and annual cash flow reaches $2,719/yr on $74,886 cash to close. Return on cash invested measures 23.54% in year one, and rental yield registers 8.41% at a $225,900 basis. Equity gained on principal adds $1,458/yr, and annual property appreciation at 5% supports $62,412 by year five. Five-year ROI tracks 122.09% and total cumulative return in cash totals $91,431. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,583/mo property income relative to a $1,106/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1907
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46218, Indianapolis, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,771 (100%) |
| Owner Occupied HU | 5,612 (38.0%) |
| Renter Occupied HU | 6,950 (47.1%) |
| Vacant Housing Units | 2,209 (15.0%) |
| Median Home Value | $94,245 |
| Average Home Value | $146,693 |
Housing Distribution
Address Breakdown
Residential
13,220
Single Family
12,746
Multi-Family
474
Businesses
864
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Nearby investment properties with comparable prices
Listed by: Chris Price • Keller Williams Indy Metro S
Mls Name: MIBOR as distributed by MLS GRID
Mls ID: #22064261