3987 Moline DrIndianapolisIN46221
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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 3987 Moline Dr, Indianapolis, IN, 46221 uses $62,952 cash to close to unlock $4,230/yr annual cash flow and $353/mo monthly cash flow. Total monthly income runs $1,492/mo, and a $929/mo payment keeps the spread at $353/mo. Purchase price stands at $189,900, and rental yield measures 9.43% with $1,492/mo rent. Return on cash invested shows 26.63% in year one, and 5% annual appreciation builds toward $52,466 over five years. Five-year ROI reaches 138.65% and total cumulative return in cash records $87,281. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,492/mo property income covering a $929/mo payment rather than investor’s personal income.
Single Family
Built in 1957
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46221, Indianapolis, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,205 (100%) |
| Owner Occupied HU | 6,485 (57.9%) |
| Renter Occupied HU | 3,906 (34.9%) |
| Vacant Housing Units | 814 ( 7.3%) |
| Median Home Value | $209,976 |
| Average Home Value | $214,246 |
Housing Distribution
Address Breakdown
Residential
10,643
Single Family
10,523
Multi-Family
120
Businesses
359
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Listed by: Lindsay Adams • Pillario Property Management LLC
Mls Name: MIBOR as distributed by MLS GRID
Mls ID: #22069667