4301 Phoenix DrIndianapolisIN46241
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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 4301 Phoenix Dr, Indianapolis, IN, 46241 uses $57,814 cash to close to unlock $5,331/yr annual cash flow and $444/mo monthly cash flow. Total monthly income runs $1,566/mo, and a $854/mo payment keeps the spread at $444/mo. Purchase price stands at $174,400, and rental yield measures 10.78% with $1,566/mo rent. Return on cash invested shows 29.13% in year one, and 5% annual appreciation builds toward $48,184 over five years. Five-year ROI reaches 152.68% and total cumulative return in cash records $88,271. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,566/mo property income covering a $854/mo payment rather than investor’s personal income.
Single Family
Built in 1981
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46241, Indianapolis, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,984 (100%) |
| Owner Occupied HU | 6,513 (50.2%) |
| Renter Occupied HU | 5,618 (43.3%) |
| Vacant Housing Units | 853 ( 6.6%) |
| Median Home Value | $120,161 |
| Average Home Value | $159,094 |
Housing Distribution
Address Breakdown
Residential
12,330
Single Family
12,112
Multi-Family
218
Businesses
1,348
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Listed by: N/A • N/A
Mls Name: Zillow Rentals
Mls ID: #N/A