4601 Fairhope DrIndianapolisIN46237
Nearby investment properties with comparable rents
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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 4601 Fairhope Dr, Indianapolis, IN, 46237 earns from $3,153/mo rent with a $3,059/mo payment. Total monthly income totals $3,153/mo. ROI tracks 15.53% on current figures, and rental yield reads 6.05% at a $625,000 purchase. Equity gained on principal adds $4,033/yr, and 5% annual appreciation supports $172,676 over five years. Five-year ROI reaches 79.46% and total cumulative return in cash sums $163,381. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,153/mo property income instead of your personal income.
Single Family
Built in 1994
0.29 Acres lot
$N/A/sqft
$150 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46237, Indianapolis, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,819 (100%) |
| Owner Occupied HU | 11,929 (66.9%) |
| Renter Occupied HU | 5,146 (28.9%) |
| Vacant Housing Units | 744 ( 4.2%) |
| Median Home Value | $265,823 |
| Average Home Value | $289,079 |
Housing Distribution
Address Breakdown
Residential
18,118
Single Family
15,933
Multi-Family
2,185
Businesses
626
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Listed by: Marcy Renken • Ferris Property Group
Mls Name: MIBOR as distributed by MLS GRID
Mls Provider:
Mls ID: #22037773
Disclaimer: Based on information submitted to the MLS GRID as of 2025-10-23 23:08:19 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. [Click here for more information](/mls-disclaimers/#48)