4715 Stansbury LnIndianapolisIN46254
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 4715 Stansbury Ln, Indianapolis, IN, 46254 priced at $219,500 converts $1,615/mo rent into after a $1,074/mo obligation. Total monthly income equals $1,615/mo. Return on cash invested prints 18.3% in year one, and rental yield reads 8.83% against a $219,500 entry. Equity gained on principal adds $1,416/yr, while 5% annual appreciation compiles into $60,644 by year five. Five-year ROI reaches 96.37% and total cumulative return in cash sums $70,126. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,615/mo property income covering a $1,074/mo payment, not borrower’s personal income.
Condo
Built in 1983
4,791 sqft lot
$N/A/sqft
$395 monthly 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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Nearby investment properties with comparable prices
Listed by: Julienna Doyle • Forever Homes LLC
Mls Name: MIBOR as distributed by MLS GRID
Mls Provider:
Mls ID: #22011302
Disclaimer: Based on information submitted to the MLS GRID as of 2024-02-07 08:48:41 PST. 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](/info/mls-disclaimers/#mls_48)