4809 E New York StIndianapolisIN46201
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
Investment property for sale in Indianapolis at 4809 E New York St, Indianapolis, IN, 46201 uses $54,664 cash to close to unlock $3,987/yr annual cash flow and $332/mo monthly cash flow. Total monthly income runs $1,322/mo, and a $807/mo payment keeps the spread at $332/mo. Purchase price stands at $164,900, and rental yield measures 9.62% with $1,322/mo rent. Return on cash invested shows 27.2% in year one, and 5% annual appreciation builds toward $45,559 over five years. Five-year ROI reaches 141.77% and total cumulative return in cash records $77,500. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,322/mo property income covering a $807/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: 46201, Indianapolis, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,692 (100%) |
| Owner Occupied HU | 5,885 (37.5%) |
| Renter Occupied HU | 7,357 (46.9%) |
| Vacant Housing Units | 2,450 (15.6%) |
| Median Home Value | $171,197 |
| Average Home Value | $199,735 |
Housing Distribution
Address Breakdown
Residential
14,022
Single Family
13,239
Multi-Family
783
Businesses
626
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Timeko Whitaker • F.C. Tucker Company
Mls Name: MIBOR as distributed by MLS GRID
Mls ID: #22071881