3965 N Meridian St APT 7EIndianapolisIN46208
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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 3965 N Meridian St APT 7E, Indianapolis, IN, 46208 listed at $110,600 pairs $1,110/mo rent with a $541/mo payment. Total monthly income runs $1,110/mo. Return on cash invested measures 19.69% in year one, and rental yield registers 12.04% at a $110,600 basis. Equity gained on principal adds $714/yr, and annual property appreciation at 5% supports $30,557 by year five. Five-year ROI tracks 106.92% and total cumulative return in cash totals $39,200. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,110/mo property income relative to a $541/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1965
N/A lot
$N/A/sqft
$453 monthly 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: Katelyn Bertling • Weichert REALTORS Cooper Group Indy
Mls Name: MIBOR as distributed by MLS GRID
Mls Provider:
Mls ID: #22012107
Disclaimer: Based on information submitted to the MLS GRID as of 2025-10-26 05:33:14 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. [Click here for more information](/mls-disclaimers/#48)