2524 Chaseway CtIndianapolisIN46268
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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 2524 Chaseway Ct, Indianapolis, IN, 46268 at $176,900 posts ROI 31.18% with $551/mo cash flow from $1,613/mo rent. Total monthly income equals $1,613/mo, and annual cash flow records $6,611/yr on $58,642 to close. Return on cash invested measures 31.18% and rental yield reads 10.94% at the current $176,900. Equity gained on principal adds $1,142/yr, and 5% annual appreciation supports $48,874 by year five. Five-year ROI prints 163.03% and total cumulative return in cash totals $95,607.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,613/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Condo
Built in 1981
2,613 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46268, Indianapolis, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,785 (100%) |
| Owner Occupied HU | 5,780 (45.2%) |
| Renter Occupied HU | 6,292 (49.2%) |
| Vacant Housing Units | 713 ( 5.6%) |
| Median Home Value | $245,536 |
| Average Home Value | $279,210 |
Housing Distribution
Address Breakdown
Residential
12,154
Single Family
8,633
Multi-Family
3,521
Businesses
1,956
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Listed by: Geovia Balaba • Carpenter, REALTORS
Mls Name: MIBOR as distributed by MLS GRID
Mls ID: #22070506