515 Clyde AveIndianapolisIN46203
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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 515 Clyde Ave, Indianapolis, IN, 46203 at $135,000 posts ROI 26.11% with $231/mo cash flow from $1,042/mo rent. Total monthly income equals $1,042/mo, and annual cash flow records $2,776/yr on $44,753 to close. Return on cash invested measures 26.11% and rental yield reads 9.26% at the current $135,000. Equity gained on principal adds $871/yr, and 5% annual appreciation supports $37,298 by year five. Five-year ROI prints 135.92% and total cumulative return in cash totals $60,829.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,042/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1952
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46203, Indianapolis, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,183 (100%) |
| Owner Occupied HU | 8,432 (46.4%) |
| Renter Occupied HU | 7,696 (42.3%) |
| Vacant Housing Units | 2,055 (11.3%) |
| Median Home Value | $189,972 |
| Average Home Value | $247,147 |
Housing Distribution
Address Breakdown
Residential
16,323
Single Family
15,372
Multi-Family
951
Businesses
1,194
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Listed by: Daniel McNeal • @properties
Mls Name: MIBOR as distributed by MLS GRID
Mls ID: #22070983