2814 Brookside AveIndianapolisIN46218
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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 2814 Brookside Ave, Indianapolis, IN, 46218 priced at $115,000 pairs $890/mo rent with $200/mo cash flow after a $563/mo payment. Total monthly income equals $890/mo, and annual cash flow comes to $2,394/yr on $38,123 invested. Return on cash invested is 26.19% in year one, and rental yield stands at 9.29% on a $115,000 basis. Equity gained on principal adds $742/yr, and 5% annual appreciation accumulates to $31,772 by year five. Five-year ROI measures 136.32% and total cumulative return in cash reaches $51,969. For financing, Ziffy Mortgage’s DSCR program evaluates $890/mo property income against a $563/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1925
3,920 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46218, Indianapolis, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,771 (100%) |
| Owner Occupied HU | 5,612 (38.0%) |
| Renter Occupied HU | 6,950 (47.1%) |
| Vacant Housing Units | 2,209 (15.0%) |
| Median Home Value | $94,245 |
| Average Home Value | $146,693 |
Housing Distribution
Address Breakdown
Residential
13,220
Single Family
12,746
Multi-Family
474
Businesses
864
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Listed by: Iscary Payano • 1 Percent Lists - Hoosier State Realty LLC
Mls Name: MIBOR as distributed by MLS GRID
Mls ID: #22073900