3137 Everbloom Way, Indianapolis, IN, 46217 | $599/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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3137 Everbloom Way, Indianapolis, IN, 46217 | $599/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Indianapolis at 3137 Everbloom Way, Indianapolis, IN, 46217 offers a 10.08% rental yield on a $250,000 purchase with $2,100/mo rent. Total monthly income registers $2,100/mo, and a $1,224/mo payment leaves $599/mo available for distribution. Annual cash flow reaches $7,187/yr on $82,875 to close, and return on cash invested stands at 28.58% in year one. Equity gained on principal adds $1,613/yr while 5% annual appreciation supports $69,070 over five years. Portfolio math shows five-year ROI at 149.11% and total cumulative return in cash at $123,574. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,100/mo property income against a $1,224/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 2003

6,969 sqft lot

$N/A/sqft

No HOA

More details about the property

Nestled at 3137 Everbloom WAY, INDIANAPOLIS, IN, this single-family residence in Marion County offers a promising canvas for creating your ideal home. This property offers an exciting opportunity to craft a living space tailored to your unique style. With 2132 square feet of living area spread across two stories, the residence provides ample room to design distinct zones for relaxation and entertainment; imagine curating cozy reading nooks bathed in soft light and vibrant social spaces where laughter echoes. The residence includes three bedrooms, offering personal retreats for rest and rejuvenation. Envision each bedroom as a sanctuary, decorated to reflect individual tastes and providing a peaceful escape from the day's demands. The home also features two full bathrooms and one half bathroom, providing convenience and comfort for both residents and guests. The property sits on a 7057 square foot lot area, presenting opportunities to create an outdoor oasis. Built in 2003, this single-family residence is waiting for your personal touch to transform it into a home that reflects your aspirations. Updates, Roof 2020, Furnace 2021, Water Heater 2023

Neighborhood Data

Neighborhood data shown for ZIP Code: 46217, Indianapolis, IN area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	13,196 (100%)
Owner Occupied HU	9,776 (74.1%)
Renter Occupied HU	2,911 (22.1%)
Vacant Housing Units	509 ( 3.9%)
Median Home Value	$270,235
Average Home Value	$283,488