2910 Meredith AveIndianapolisIN46201
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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 2910 Meredith Ave, Indianapolis, IN, 46201 listed at $246,807 pairs $1,860/mo rent with a $1,208/mo payment to leave $378/mo cash flow. Total monthly income runs $1,860/mo, and annual cash flow reaches $4,541/yr on $81,817 cash to close. Return on cash invested measures 25.46% in year one, and rental yield registers 9.04% at a $246,807 basis. Equity gained on principal adds $1,593/yr, and annual property appreciation at 5% supports $68,188 by year five. Five-year ROI tracks 132.37% and total cumulative return in cash totals $108,303. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,860/mo property income relative to a $1,208/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1910
5,227 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46201, Indianapolis, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,692 (100%) |
| Owner Occupied HU | 5,885 (37.5%) |
| Renter Occupied HU | 7,357 (46.9%) |
| Vacant Housing Units | 2,450 (15.6%) |
| Median Home Value | $171,197 |
| Average Home Value | $199,735 |
Housing Distribution
Address Breakdown
Residential
14,022
Single Family
13,239
Multi-Family
783
Businesses
626
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Listed by: Karen Sauer • Crossroads Real Estate Group LLC
Mls Name: MIBOR as distributed by MLS GRID
Mls ID: #22055238