418 Harlan StIndianapolisIN46201
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderTight but positive: 418 Harlan St, Indianapolis, IN, 46201 in Indianapolis at $390,000 earns $2,401/mo in rent and nets $60/mo after the $1,754/mo payment, a 7.39% yield with limited short-term income headroom. The equity story offsets the thin monthly spread: 5% annual appreciation adds $107,750 over five years. Ziffy Mortgage underwrites this on a 1.37 DSCR without U.S. credit history. With $3,592/yr in principal paydown, total projected return reaches $151,406.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.4% | 6.8% |
| Monthly Cash Flow | $60 | $450 |
City averages based on Indianapolis market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,401 |
| Total Monthly Debt Service | $2,186 |
| DSCR Ratio | 1.10x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Multi Family
Built in 1900
4,443 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46201, Indianapolis, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,692 (100%) |
| Owner Occupied HU | 5,885 (37.5%) |
| Renter Occupied HU | 7,357 (46.9%) |
| Vacant Housing Units | 2,450 (15.6%) |
| Median Home Value | $171,197 |
| Average Home Value | $199,735 |
Housing Distribution
Address Breakdown
Residential
14,022
Single Family
13,239
Multi-Family
783
Businesses
626
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Multi Family
Built in 1900
4,443 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46201, Indianapolis, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,692 (100%) |
| Owner Occupied HU | 5,885 (37.5%) |
| Renter Occupied HU | 7,357 (46.9%) |
| Vacant Housing Units | 2,450 (15.6%) |
| Median Home Value | $171,197 |
| Average Home Value | $199,735 |
Housing Distribution
Address Breakdown
Residential
14,022
Single Family
13,239
Multi-Family
783
Businesses
626
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A