3624 N Euclid AveIndianapolisIN46218
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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 3624 N Euclid Ave, Indianapolis, IN, 46218 offers $1,867/mo rent that, after a $847/mo payment, leaves $828/mo cash flow. Total monthly income is $1,867/mo, and annual cash flow is $9,939/yr on $57,350 cash. Return on cash invested measures 37.24% in year one, and rental yield stands at 12.95% at a $173,000 entry. Equity gained on principal adds $1,116/yr while 5% annual appreciation compounds into $47,797 by year five. Five-year ROI records 195.58% and total cumulative return in cash reaches $112,167. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,867/mo property income versus a $847/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1947
8,232 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46218, Indianapolis, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,771 (100%) |
| Owner Occupied HU | 5,612 (38.0%) |
| Renter Occupied HU | 6,950 (47.1%) |
| Vacant Housing Units | 2,209 (15.0%) |
| Median Home Value | $94,245 |
| Average Home Value | $146,693 |
Housing Distribution
Address Breakdown
Residential
13,220
Single Family
12,746
Multi-Family
474
Businesses
864
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Nearby investment properties with comparable prices
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