2935 Highland PlIndianapolisIN46208
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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 2935 Highland Pl, Indianapolis, IN, 46208 at $185,000 posts ROI 30.92% with $563/mo cash flow from $1,673/mo rent. Total monthly income equals $1,673/mo, and annual cash flow records $6,756/yr on $61,328 to close. Return on cash invested measures 30.92% and rental yield reads 10.85% at the current $185,000. Equity gained on principal adds $1,194/yr, and 5% annual appreciation supports $51,112 by year five. Five-year ROI prints 161.67% and total cumulative return in cash totals $99,147.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,673/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1972
3,920 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46208, Indianapolis, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,258 (100%) |
| Owner Occupied HU | 4,075 (39.7%) |
| Renter Occupied HU | 4,483 (43.7%) |
| Vacant Housing Units | 1,700 (16.6%) |
| Median Home Value | $256,783 |
| Average Home Value | $310,376 |
Housing Distribution
Address Breakdown
Residential
9,990
Single Family
7,995
Multi-Family
1,995
Businesses
624
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Listed by: Max Moore • @properties
Mls Name: MIBOR as distributed by MLS GRID
Mls ID: #22073169