4223 Kestrel CtIndianapolisIN46254
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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 4223 Kestrel Ct, Indianapolis, IN, 46254 priced at $316,900 pairs $2,154/mo rent with $252/mo cash flow after a $1,551/mo payment. Total monthly income equals $2,154/mo, and annual cash flow comes to $3,021/yr on $105,052 invested. Return on cash invested is 22.78% in year one, and rental yield stands at 8.16% on a $316,900 basis. Equity gained on principal adds $2,045/yr, and 5% annual appreciation accumulates to $87,554 by year five. Five-year ROI measures 118.01% and total cumulative return in cash reaches $123,974. For financing, Ziffy Mortgage’s DSCR program evaluates $2,154/mo property income against a $1,551/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1997
0.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46254, Indianapolis, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,800 (100%) |
| Owner Occupied HU | 7,314 (41.1%) |
| Renter Occupied HU | 9,421 (52.9%) |
| Vacant Housing Units | 1,065 ( 6.0%) |
| Median Home Value | $222,429 |
| Average Home Value | $262,409 |
Housing Distribution
Address Breakdown
Residential
17,159
Single Family
12,864
Multi-Family
4,295
Businesses
847
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Listed by: Nathaniel Cromlich • CENTURY 21 Scheetz
Mls Name: MIBOR as distributed by MLS GRID
Mls ID: #22071213