340 Blue Ridge RdIndianapolisIN46208
INVESTMENT ANALYSIS
Investment Verdict
Income-ProducingReliable and efficiently structured, 340 Blue Ridge Rd, Indianapolis, IN, 46208 in Indianapolis is a conservative rental investment at $353,200. Rental yield 6.48%. A 1.20 coverage ratio meets Ziffy Mortgage's DSCR standard for foreign-national financing. Five-year equity: 5% appreciation adds $97,583; $3,253/yr in principal paydown supplements. Total projected return: $113,534.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 6.5% | 6.8% |
| Monthly Cash Flow | $(320) | $450 |
City averages based on Indianapolis market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,907 |
| Total Monthly Debt Service | $2,087 |
| DSCR Ratio | 0.91x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1930
6,499 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46208, Indianapolis, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,258 (100%) |
| Owner Occupied HU | 4,075 (39.7%) |
| Renter Occupied HU | 4,483 (43.7%) |
| Vacant Housing Units | 1,700 (16.6%) |
| Median Home Value | $256,783 |
| Average Home Value | $310,376 |
Housing Distribution
Address Breakdown
Residential
9,990
Single Family
7,995
Multi-Family
1,995
Businesses
624
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
Single Family
Built in 1930
6,499 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46208, Indianapolis, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,258 (100%) |
| Owner Occupied HU | 4,075 (39.7%) |
| Renter Occupied HU | 4,483 (43.7%) |
| Vacant Housing Units | 1,700 (16.6%) |
| Median Home Value | $256,783 |
| Average Home Value | $310,376 |
Housing Distribution
Address Breakdown
Residential
9,990
Single Family
7,995
Multi-Family
1,995
Businesses
624
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A