2417 Oxford Dr LOT 620IndianapolisIN46234
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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 2417 Oxford Dr LOT 620, Indianapolis, IN, 46234 listed at $118,999 pairs $949/mo rent with a $582/mo payment to leave $235/mo cash flow. Total monthly income runs $949/mo, and annual cash flow reaches $2,821/yr on $39,448 cash to close. Return on cash invested measures 27.06% in year one, and rental yield registers 9.57% at a $118,999 basis. Equity gained on principal adds $768/yr, and annual property appreciation at 5% supports $32,877 by year five. Five-year ROI tracks 141.07% and total cumulative return in cash totals $55,649. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $949/mo property income relative to a $582/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Manufactured
Built in 2022
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46234, Indianapolis, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,019 (100%) |
| Owner Occupied HU | 8,100 (73.5%) |
| Renter Occupied HU | 2,451 (22.2%) |
| Vacant Housing Units | 468 ( 4.2%) |
| Median Home Value | $251,325 |
| Average Home Value | $279,530 |
Housing Distribution
Address Breakdown
Residential
11,139
Single Family
10,377
Multi-Family
762
Businesses
320
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Listed by: N/A • YES!Communities
Mls Name: Yes! Communities
Mls ID: #N/A