25 E 40th St APT 5JIndianapolisIN46205
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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 25 E 40th St APT 5J, Indianapolis, IN, 46205 listed at $209,900 pairs $1,343/mo rent with a $1,027/mo payment to leave $83/mo cash flow. Total monthly income runs $1,343/mo, and annual cash flow reaches $1,000/yr on $69,582 cash to close. Return on cash invested measures 21.35% in year one, and rental yield registers 7.68% at a $209,900 basis. Equity gained on principal adds $1,354/yr, and annual property appreciation at 5% supports $57,992 by year five. Five-year ROI tracks 110.35% and total cumulative return in cash totals $76,784. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,343/mo property income relative to a $1,027/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1965
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46205, Indianapolis, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,386 (100%) |
| Owner Occupied HU | 6,340 (41.2%) |
| Renter Occupied HU | 7,347 (47.8%) |
| Vacant Housing Units | 1,699 (11.0%) |
| Median Home Value | $327,153 |
| Average Home Value | $356,950 |
Housing Distribution
Address Breakdown
Residential
13,374
Single Family
11,221
Multi-Family
2,153
Businesses
758
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Listed by: Michael Colter • Indy Real Estate Consulting
Mls Name: MIBOR as distributed by MLS GRID
Mls ID: #22067528