2640 Guilford AveIndianapolisIN46205
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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 2640 Guilford Ave, Indianapolis, IN, 46205 earns from $1,811/mo rent with a $1,574/mo payment. Total monthly income totals $1,811/mo. ROI tracks 18.57% on current figures, and rental yield reads 6.76% at a $321,500 purchase. Equity gained on principal adds $2,075/yr, and 5% annual appreciation supports $88,825 over five years. Five-year ROI reaches 95.4% and total cumulative return in cash sums $101,670. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,811/mo property income instead of your personal income.
Multi Family
Built in 1900
1,742 sqft 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: LaKisha Lately • Compass Indiana, LLC
Mls Name: MIBOR as distributed by MLS GRID
Mls ID: #22080166