4953 Ford StIndianapolisIN46224
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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 4953 Ford St, Indianapolis, IN, 46224 offers a 5.18% rental yield on a $249,000 purchase with $1,074/mo rent. 79% in year one. Equity gained on principal adds $1,607/yr while 5% annual appreciation supports $68,794 over five years. Portfolio math shows five-year ROI at 69.83% and total cumulative return in cash at $57,644. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,074/mo property income against a $1,219/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1925
4,791 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46224, Indianapolis, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,718 (100%) |
| Owner Occupied HU | 5,314 (31.8%) |
| Renter Occupied HU | 10,069 (60.2%) |
| Vacant Housing Units | 1,335 ( 8.0%) |
| Median Home Value | $219,316 |
| Average Home Value | $244,925 |
Housing Distribution
Address Breakdown
Residential
15,453
Single Family
12,751
Multi-Family
2,702
Businesses
670
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Listed by: Ronald Fisher • The Discovery Group, Inc
Mls Name: MIBOR as distributed by MLS GRID
Mls ID: #22081486