321 Lindley AveIndianapolisIN46241
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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 321 Lindley Ave, Indianapolis, IN, 46241 with 5% annual appreciation on a $174,900 basis while $1,481/mo rent supports operations. Total monthly income totals $1,481/mo and a $856/mo payment preserves $431/mo for cash returns. Annual cash flow comes to $5,174/yr on $57,979 deployed, and return on cash invested reaches 28.83% in year one. Equity gained on principal adds $1,129/yr, and five-year appreciation sums $48,322 alongside rental yield of 10.16%. Five-year ROI measures 150.51% and total cumulative return in cash totals $87,264.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,481/mo property income versus a $856/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1964
9,147 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46241, Indianapolis, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,984 (100%) |
| Owner Occupied HU | 6,513 (50.2%) |
| Renter Occupied HU | 5,618 (43.3%) |
| Vacant Housing Units | 853 ( 6.6%) |
| Median Home Value | $120,161 |
| Average Home Value | $159,094 |
Housing Distribution
Address Breakdown
Residential
12,330
Single Family
12,112
Multi-Family
218
Businesses
1,348
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Listed by: Monique Bledsoe • True Property Management
Mls Name: MIBOR as distributed by MLS GRID
Mls ID: #22055184