2729 S Lyons AveIndianapolisIN46241
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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
Rental property for sale in Indianapolis at 2729 S Lyons Ave, Indianapolis, IN, 46241 priced at $152,750 converts $1,161/mo rent into $244/mo cash flow after a $748/mo obligation. Total monthly income equals $1,161/mo, and annual cash flow totals $2,924/yr on $50,637 invested. Return on cash invested prints 25.68% in year one, and rental yield reads 9.12% against a $152,750 entry. Equity gained on principal adds $986/yr, while 5% annual appreciation compiles into $42,202 by year five. Five-year ROI reaches 133.6% and total cumulative return in cash sums $67,649. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,161/mo property income covering a $748/mo payment, not borrower’s personal income.
Single Family
Built in 1952
10,454 sqft 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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Listed by: Shawn Goolsby • Olympus Realty Group
Mls Name: MIBOR as distributed by MLS GRID
Mls ID: #22057643