2922 Eagles Crest Cir APT DIndianapolisIN46214
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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 2922 Eagles Crest Cir APT D, Indianapolis, IN, 46214 uses $48,068 cash to close to unlock $3,315/yr annual cash flow and $276/mo monthly cash flow. Total monthly income runs $1,147/mo, and a $710/mo payment keeps the spread at $276/mo. Purchase price stands at $145,000, and rental yield measures 9.49% with $1,147/mo rent. Return on cash invested shows 26.81% in year one, and 5% annual appreciation builds toward $40,061 over five years. Five-year ROI reaches 139.67% and total cumulative return in cash records $67,136. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,147/mo property income covering a $710/mo payment rather than investor’s personal income.
Condo
Built in 1983
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46214, Indianapolis, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,985 (100%) |
| Owner Occupied HU | 4,820 (40.2%) |
| Renter Occupied HU | 6,464 (53.9%) |
| Vacant Housing Units | 701 ( 5.8%) |
| Median Home Value | $214,272 |
| Average Home Value | $249,365 |
Housing Distribution
Address Breakdown
Residential
11,679
Single Family
7,775
Multi-Family
3,904
Businesses
416
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Listed by: Ryne Yszenga • eXp Realty, LLC
Mls Name: MIBOR as distributed by MLS GRID
Mls ID: #22057981