2856 Jamieson LnIndianapolisIN46268
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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 2856 Jamieson Ln, Indianapolis, IN, 46268 priced at $236,000 converts $2,140/mo rent into $702/mo cash flow after a $1,155/mo obligation. Total monthly income equals $2,140/mo, and annual cash flow totals $8,422/yr on $78,234 invested. Return on cash invested prints 30.67% in year one, and rental yield reads 10.88% against a $236,000 entry. Equity gained on principal adds $1,523/yr, while 5% annual appreciation compiles into $65,202 by year five. Five-year ROI reaches 160.45% and total cumulative return in cash sums $125,526. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,140/mo property income covering a $1,155/mo payment, not borrower’s personal income.
Condo
Built in 1974
8,446 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46268, Indianapolis, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,785 (100%) |
| Owner Occupied HU | 5,780 (45.2%) |
| Renter Occupied HU | 6,292 (49.2%) |
| Vacant Housing Units | 713 ( 5.6%) |
| Median Home Value | $245,536 |
| Average Home Value | $279,210 |
Housing Distribution
Address Breakdown
Residential
12,154
Single Family
8,633
Multi-Family
3,521
Businesses
1,956
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