4921 Candy Spots DrIndianapolisIN46237
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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 4921 Candy Spots Dr, Indianapolis, IN, 46237 listed at $219,900 pairs $1,495/mo rent with a $1,076/mo payment to leave $175/mo cash flow. Total monthly income runs $1,495/mo, and annual cash flow reaches $2,103/yr on $72,897 cash to close. Return on cash invested measures 22.79% in year one, and rental yield registers 8.16% at a $219,900 basis. Equity gained on principal adds $1,419/yr, and annual property appreciation at 5% supports $60,754 by year five. Five-year ROI tracks 118.12% and total cumulative return in cash totals $86,104. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,495/mo property income relative to a $1,076/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1974
0.33 Acres lot
$N/A/sqft
No 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: Randy Placencia • Red Bridge Real Estate
Mls Name: MIBOR as distributed by MLS GRID
Mls ID: #22062498