3039 N Skylar LnIndianapolisIN46208
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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 3039 N Skylar Ln, Indianapolis, IN, 46208 earns $312/mo cash flow from $1,332/mo rent with a $832/mo payment. Total monthly income totals $1,332/mo, and annual cash flow totals $3,739/yr on $56,355 capital. ROI tracks 26.54% on current figures, and rental yield reads 9.4% at a $170,000 purchase. Equity gained on principal adds $1,097/yr, and 5% annual appreciation supports $46,968 over five years. Five-year ROI reaches 138.23% and total cumulative return in cash sums $77,901. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,332/mo property income instead of your personal income.
Townhouse
Built in 2005
2,613 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: Jordan Phillips • Horizon Realty Group LLC
Mls Name: MIBOR as distributed by MLS GRID
Mls ID: #22063737