3457 Graceland AveIndianapolisIN46208
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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 3457 Graceland Ave, Indianapolis, IN, 46208 uses $33,316 cash to close to unlock $1,915/yr annual cash flow and $160/mo monthly cash flow. Total monthly income runs $763/mo, and a $492/mo payment keeps the spread at $160/mo. Purchase price stands at $100,500, and rental yield measures 9.11% with $763/mo rent. Return on cash invested shows 25.66% in year one, and 5% annual appreciation builds toward $27,766 over five years. Five-year ROI reaches 133.5% and total cumulative return in cash records $44,477. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $763/mo property income covering a $492/mo payment rather than investor’s personal income.
Single Family
Built in 1930
4,356 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
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Listed by: Terry Young • Red Bridge Real Estate
Mls Name: MIBOR as distributed by MLS GRID
Mls ID: #22072333