4944 Katherine DrIndianapolisIN46226
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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 4944 Katherine Dr, Indianapolis, IN, 46226 offers a 11.31% rental yield on a $169,900 purchase with $1,601/mo rent. Total monthly income registers $1,601/mo, and a $832/mo payment leaves $581/mo available for distribution. Annual cash flow reaches $6,968/yr on $56,322 to close, and return on cash invested stands at 32.28% in year one. Equity gained on principal adds $1,096/yr while 5% annual appreciation supports $46,940 over five years. Portfolio math shows five-year ROI at 168.96% and total cumulative return in cash at $95,162. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,601/mo property income against a $832/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1955
6,098 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: #22054096