5151 Sandwood DrIndianapolisIN46235








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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 5151 Sandwood Dr, Indianapolis, IN, 46235 uses $95,141 cash to close to unlock $8,267/yr annual cash flow and $689/mo monthly cash flow. Total monthly income runs $2,412/mo, and a $1,405/mo payment keeps the spread at $689/mo. Purchase price stands at $287,000, and rental yield measures 10.09% with $2,412/mo rent. Return on cash invested shows 28.6% in year one, and 5% annual appreciation builds toward $79,293 over five years. Five-year ROI reaches 149.18% and total cumulative return in cash records $141,934. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,412/mo property income covering a $1,405/mo payment rather than investor’s personal income.
Single Family
Built in 2006
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46235, Indianapolis, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,400 (100%) |
| Owner Occupied HU | 6,701 (46.5%) |
| Renter Occupied HU | 6,414 (44.5%) |
| Vacant Housing Units | 1,285 ( 8.9%) |
| Median Home Value | $195,850 |
| Average Home Value | $228,932 |
Housing Distribution
Address Breakdown
Residential
13,799
Single Family
12,698
Multi-Family
1,101
Businesses
155
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Listed by: Cheryl Woodrum • AMR Real Estate LLC
Mls Name: MIBOR as distributed by MLS GRID
Mls ID: #22061771







