4108 Kalmar DrIndianapolisIN46222
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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 4108 Kalmar Dr, Indianapolis, IN, 46222 generates $1,759/mo in rent and, after a $822/mo payment, leaves $751/mo in cash flow. Total monthly income is $1,759/mo, and annual cash flow is $9,011/yr on $55,659 invested. Return on cash invested sits at 36.1% in year one, and rental yield is 12.57% on a $167,900 entry. Equity gained on principal adds $1,083/yr, while 5% annual appreciation builds toward $46,388 over five years. Five-year ROI reaches 189.4% and total cumulative return in cash sums $105,418. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,759/mo property income rather than buyer’s personal income.
Single Family
Built in 1955
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46222, Indianapolis, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,412 (100%) |
| Owner Occupied HU | 5,545 (33.8%) |
| Renter Occupied HU | 8,728 (53.2%) |
| Vacant Housing Units | 2,139 (13.0%) |
| Median Home Value | $108,604 |
| Average Home Value | $188,902 |
Housing Distribution
Address Breakdown
Residential
14,755
Single Family
13,616
Multi-Family
1,139
Businesses
977
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Listed by: Ashley Klein • Realty World Indy
Mls Name: MIBOR as distributed by MLS GRID
Mls ID: #22062436