3763 Broadway StIndianapolisIN46205
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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 3763 Broadway St, Indianapolis, IN, 46205 offers a 12.19% rental yield on a $190,000 purchase with $1,930/mo rent. Total monthly income registers $1,930/mo, and a $930/mo payment leaves $789/mo available for distribution. Annual cash flow reaches $9,473/yr on $62,985 to close, and return on cash invested stands at 34.95% in year one. Equity gained on principal adds $1,226/yr while 5% annual appreciation supports $52,494 over five years. Portfolio math shows five-year ROI at 183.3% and total cumulative return in cash at $115,452. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,930/mo property income against a $930/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Multi Family
Built in 1920
3,920 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: Maxwell Richter • Wilmoth Group
Mls Name: MIBOR as distributed by MLS GRID
Mls ID: #22055609