32 Bakemeyer StIndianapolisIN46225
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 32 Bakemeyer St, Indianapolis, IN, 46225 at $172,500 posts ROI 26.05% with $293/mo cash flow from $1,328/mo rent. Total monthly income equals $1,328/mo, and annual cash flow records $3,514/yr on $57,184 to close. Return on cash invested measures 26.05% and rental yield reads 9.24% at the current $172,500. Equity gained on principal adds $1,113/yr, and 5% annual appreciation supports $47,659 by year five. Five-year ROI prints 135.55% and total cumulative return in cash totals $77,510.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,328/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1966
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46225, Indianapolis, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,209 (100%) |
| Owner Occupied HU | 1,243 (38.7%) |
| Renter Occupied HU | 1,373 (42.8%) |
| Vacant Housing Units | 593 (18.5%) |
| Median Home Value | $163,267 |
| Average Home Value | $214,771 |
Housing Distribution
Address Breakdown
Residential
3,085
Single Family
2,661
Multi-Family
424
Businesses
504
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Nearby investment properties with comparable prices
Listed by: Natasha Radovich • eXp Realty LLC
Mls Name: MIBOR as distributed by MLS GRID
Mls ID: #22078736