3951 N Audubon Rd, Indianapolis, IN, 46226 | $588/mo Cash Flow

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3951 N Audubon Rd, Indianapolis, IN, 46226 | $588/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Indianapolis at 3951 N Audubon Rd, Indianapolis, IN, 46226 listed at $165,000 pairs $1,579/mo rent with a $808/mo payment to leave $588/mo cash flow. Total monthly income runs $1,579/mo, and annual cash flow reaches $7,057/yr on $54,698 cash to close. Return on cash invested measures 32.81% in year one, and rental yield registers 11.48% at a $165,000 basis. Equity gained on principal adds $1,065/yr, and annual property appreciation at 5% supports $45,586 by year five. Five-year ROI tracks 171.87% and total cumulative return in cash totals $94,007. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,579/mo property income relative to a $808/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Single Family

Built in 1960

7,840 sqft lot

$N/A/sqft

No HOA

More details about the property

This cute, all brick ranch with 3 bedrooms and 2 baths and 1,218 square feet on the main level, offers an exciting opportunity to create a comfortable lifestyle. The roof is only 3 years old! Your insurance company will most likely be THRILLED! The kitchen was also updated 3 years ago. The refrigerator, stove and microwave are 3 years old as well. The walk-in shower in the back bathroom was installed in 2023. The full, partially finished basement is just waiting for your creativity. There is a detached, 2 car garage with 2, five year old garage door openers. Washer and dryer are included and are sold as-is. With your updates, this home will become your pride and joy! Come check out this solid home that presents an opportunity to set roots in a well established, quiet neighborhood.

Neighborhood Data

Neighborhood data shown for ZIP Code: 46226, Indianapolis, IN area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	19,362 (100%)
Owner Occupied HU	8,396 (43.4%)
Renter Occupied HU	8,850 (45.7%)
Vacant Housing Units	2,116 (10.9%)
Median Home Value	$173,352
Average Home Value	$236,703