310 N Dequincy StIndianapolisIN46201
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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 310 N Dequincy St, Indianapolis, IN, 46201 uses $149,175 cash to close to unlock $2,331/yr annual cash flow and $194/mo monthly cash flow. Total monthly income runs $2,896/mo, and a $2,203/mo payment keeps the spread at $194/mo. Purchase price stands at $450,000, and rental yield measures 7.72% with $2,896/mo rent. Return on cash invested shows 21.47% in year one, and 5% annual appreciation builds toward $124,327 over five years. Five-year ROI reaches 110.99% and total cumulative return in cash records $165,570. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,896/mo property income covering a $2,203/mo payment rather than investor’s personal income.
Multi Family
Built in 1915
3,920 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: Alyssa Burton • Inspired Realty
Mls Name: MIBOR as distributed by MLS GRID
Mls ID: #22079023