5127 W 13th St, Indianapolis, IN, 46224 | $379/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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5127 W 13th St, Indianapolis, IN, 46224 | $379/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Indianapolis at 5127 W 13th St, Indianapolis, IN, 46224 listed at $260,000 pairs $1,940/mo rent with a $1,273/mo payment to leave $379/mo cash flow. Total monthly income runs $1,940/mo, and annual cash flow reaches $4,546/yr on $86,190 cash to close. Return on cash invested measures 25.18% in year one, and rental yield registers 8.95% at a $260,000 basis. Equity gained on principal adds $1,678/yr, and annual property appreciation at 5% supports $71,833 by year five. Five-year ROI tracks 130.88% and total cumulative return in cash totals $112,805. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,940/mo property income relative to a $1,273/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Single Family

Built in 1952

5,662 sqft lot

$N/A/sqft

No HOA

More details about the property

Charming 3-Bedroom Home with Basement Across from Fisher Elementary - Speedway, IN Welcome to this well-cared-for 3-bedroom, 1.5-bath home located in the heart of Speedway, directly across from Fisher Elementary on quiet and convenient 13th Street. With newer Hardie Plank siding and a recently updated roof, this home offers lasting value and great curb appeal. Inside, you'll find a warm and inviting layout with three comfortable bedrooms and a full bath on the main floor. The partially finished basement adds valuable living space-perfect for a rec room, home office, or workout area-and includes a convenient half bath. The home has a spacious and desirable 2 car detached garage, and the location can't be beat-close to schools, shopping, restaurants, and all that Speedway has to offer. This home is a solid find in a sought-after neighborhood.

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