2553 S Cole StIndianapolisIN46241
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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 2553 S Cole St, Indianapolis, IN, 46241 with 5% annual appreciation on a $141,100 basis while $1,753/mo rent supports operations. Total monthly income totals $1,753/mo and a $691/mo payment preserves $825/mo for cash returns. Annual cash flow comes to $9,901/yr on $46,775 deployed, and return on cash invested reaches 41.08% in year one. Equity gained on principal adds $911/yr, and five-year appreciation sums $38,983 alongside rental yield of 14.91%. Five-year ROI measures 216.98% and total cumulative return in cash totals $101,492.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,753/mo property income versus a $691/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1950
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46241, Indianapolis, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,984 (100%) |
| Owner Occupied HU | 6,513 (50.2%) |
| Renter Occupied HU | 5,618 (43.3%) |
| Vacant Housing Units | 853 ( 6.6%) |
| Median Home Value | $120,161 |
| Average Home Value | $159,094 |
Housing Distribution
Address Breakdown
Residential
12,330
Single Family
12,112
Multi-Family
218
Businesses
1,348
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