3355 Carrollton AveIndianapolisIN46205
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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
Rental property for sale in Indianapolis at 3355 Carrollton Ave, Indianapolis, IN, 46205 priced at $209,500 pairs $2,778/mo rent with $1,258/mo cash flow after a $1,025/mo payment. Total monthly income equals $2,778/mo, and annual cash flow comes to $15,095/yr on $69,449 invested. Return on cash invested is 41.64% in year one, and rental yield stands at 15.91% on a $209,500 basis. Equity gained on principal adds $1,352/yr, and 5% annual appreciation accumulates to $57,881 by year five. Five-year ROI measures 220.79% and total cumulative return in cash reaches $153,339. For financing, Ziffy Mortgage’s DSCR program evaluates $2,778/mo property income against a $1,025/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1923
7,230 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46205, Indianapolis, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,386 (100%) |
| Owner Occupied HU | 6,340 (41.2%) |
| Renter Occupied HU | 7,347 (47.8%) |
| Vacant Housing Units | 1,699 (11.0%) |
| Median Home Value | $327,153 |
| Average Home Value | $356,950 |
Housing Distribution
Address Breakdown
Residential
13,374
Single Family
11,221
Multi-Family
2,153
Businesses
758
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Listed by: N/A • N/A
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