4638 Cotton AveIndianapolisIN46226
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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 4638 Cotton Ave, Indianapolis, IN, 46226 uses $41,404 cash to close to unlock $2,275/yr annual cash flow and $190/mo monthly cash flow. Total monthly income runs $939/mo, and a $611/mo payment keeps the spread at $190/mo. Purchase price stands at $124,900, and rental yield measures 9.02% with $939/mo rent. Return on cash invested shows 25.4% in year one, and 5% annual appreciation builds toward $34,508 over five years. Five-year ROI reaches 132.13% and total cumulative return in cash records $54,706. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $939/mo property income covering a $611/mo payment rather than investor’s personal income.
Single Family
Built in 1920
5,662 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46226, Indianapolis, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,362 (100%) |
| Owner Occupied HU | 8,396 (43.4%) |
| Renter Occupied HU | 8,850 (45.7%) |
| Vacant Housing Units | 2,116 (10.9%) |
| Median Home Value | $173,352 |
| Average Home Value | $236,703 |
Housing Distribution
Address Breakdown
Residential
18,209
Single Family
15,840
Multi-Family
2,369
Businesses
1,060
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Listed by: Christopher Wynkoop • Wynkoop Brokerage Firm, LLC
Mls Name: MIBOR as distributed by MLS GRID
Mls ID: #22055274