3039 Oberlin CtIndianapolisIN46268
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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 Oberlin Ct, Indianapolis, IN, 46268 uses $86,190 cash to close to unlock $3,154/yr annual cash flow and $263/mo monthly cash flow. Total monthly income runs $1,824/mo, and a $1,273/mo payment keeps the spread at $263/mo. Purchase price stands at $260,000, and rental yield measures 8.42% with $1,824/mo rent. Return on cash invested shows 23.57% in year one, and 5% annual appreciation builds toward $71,833 over five years. Five-year ROI reaches 122.22% and total cumulative return in cash records $105,341. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,824/mo property income covering a $1,273/mo payment rather than investor’s personal income.
Single Family
Built in 1971
0.27 Acres 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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Listed by: Brian Brockman • Bang Realty
Mls Name: My State MLS
Mls ID: #11641001