2836 Granada Cir NIndianapolisIN46222
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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 2836 Granada Cir N, Indianapolis, IN, 46222 earns $844/mo cash flow from $2,045/mo rent with a $979/mo payment. Total monthly income totals $2,045/mo, and annual cash flow totals $10,132/yr on $66,300 capital. ROI tracks 35.19% on current figures, and rental yield reads 12.27% at a $200,000 purchase. Equity gained on principal adds $1,291/yr, and 5% annual appreciation supports $55,256 over five years. Five-year ROI reaches 184.61% and total cumulative return in cash sums $122,396. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,045/mo property income instead of your personal income.
Single Family
Built in 1993
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46222, Indianapolis, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,412 (100%) |
| Owner Occupied HU | 5,545 (33.8%) |
| Renter Occupied HU | 8,728 (53.2%) |
| Vacant Housing Units | 2,139 (13.0%) |
| Median Home Value | $108,604 |
| Average Home Value | $188,902 |
Housing Distribution
Address Breakdown
Residential
14,755
Single Family
13,616
Multi-Family
1,139
Businesses
977
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Listed by: Heather Large • Home Bound Real Estate LLC
Mls Name: MIBOR as distributed by MLS GRID
Mls ID: #22061310