5127 Waybridge LnIndianapolisIN46237
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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 5127 Waybridge Ln, Indianapolis, IN, 46237 at $266,900 posts ROI 18.89% with from $1,742/mo rent. Total monthly income equals $1,742/mo. Return on cash invested measures 18.89% and rental yield reads 7.83% at the current $266,900. Equity gained on principal adds $1,722/yr, and 5% annual appreciation supports $73,740 by year five. Five-year ROI prints 98.25% and total cumulative return in cash totals $86,928. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,742/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Condo
Built in 1998
3,920 sqft lot
$N/A/sqft
$215 monthly 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: Cindy Martin • VIP Real Estate Group, LLC
Mls Name: MIBOR as distributed by MLS GRID
Mls Provider:
Mls ID: #21996717
Disclaimer: Based on information submitted to the MLS GRID as of 2024-02-07 08:48:41 PST. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. [Click here for more information](/info/mls-disclaimers/#mls_48)