459 S Holt RdIndianapolisIN46241
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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 459 S Holt Rd, Indianapolis, IN, 46241 priced at $140,000 pairs $1,065/mo rent with $225/mo cash flow after a $685/mo payment. Total monthly income equals $1,065/mo, and annual cash flow comes to $2,698/yr on $46,410 invested. Return on cash invested is 25.72% in year one, and rental yield stands at 9.13% on a $140,000 basis. Equity gained on principal adds $903/yr, and 5% annual appreciation accumulates to $38,679 by year five. Five-year ROI measures 133.78% and total cumulative return in cash reaches $62,086. For financing, Ziffy Mortgage’s DSCR program evaluates $1,065/mo property income against a $685/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1926
6,534 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: Paul Miller • Innovative Home Realty
Mls Name: MIBOR as distributed by MLS GRID
Mls ID: #22069899