35 N Elizabeth StIndianapolisIN46219
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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 35 N Elizabeth St, Indianapolis, IN, 46219 with 5% annual appreciation on a $200,000 basis while $1,230/mo rent supports operations. Total monthly income totals $1,230/mo and a $979/mo payment preserves $29/mo for cash returns. Annual cash flow comes to $352/yr on $66,300 deployed, and return on cash invested reaches 20.44% in year one. Equity gained on principal adds $1,291/yr, and five-year appreciation sums $55,256 alongside rental yield of 7.38%. Five-year ROI measures 105.5% and total cumulative return in cash totals $69,944.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,230/mo property income versus a $979/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1945
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46219, Indianapolis, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,635 (100%) |
| Owner Occupied HU | 8,859 (53.3%) |
| Renter Occupied HU | 6,462 (38.8%) |
| Vacant Housing Units | 1,314 ( 7.9%) |
| Median Home Value | $207,615 |
| Average Home Value | $227,043 |
Housing Distribution
Address Breakdown
Residential
16,059
Single Family
14,379
Multi-Family
1,680
Businesses
1,295
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Listed by: Courtney Nix • Key Realty Indiana
Mls Name: MIBOR as distributed by MLS GRID
Mls ID: #22081977