523 Fulton St #OBXBNTIndianapolisIN46202
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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 523 Fulton St #OBXBNT, Indianapolis, IN, 46202 with 5% annual appreciation on a $709,100 basis while $4,897/mo rent supports operations. Total monthly income totals $4,897/mo and a $3,471/mo payment preserves $640/mo for cash returns. Annual cash flow comes to $7,681/yr on $233,294 deployed, and return on cash invested reaches 23.35% in year one. Equity gained on principal adds $4,576/yr, and five-year appreciation sums $195,911 alongside rental yield of 8.29%. Five-year ROI measures 121.04% and total cumulative return in cash totals $282,377.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $4,897/mo property income versus a $3,471/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Home Type Unknown
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46202, Indianapolis, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,972 (100%) |
| Owner Occupied HU | 3,194 (22.9%) |
| Renter Occupied HU | 8,977 (64.2%) |
| Vacant Housing Units | 1,801 (12.9%) |
| Median Home Value | $408,240 |
| Average Home Value | $460,200 |
Housing Distribution
Address Breakdown
Residential
12,576
Single Family
6,063
Multi-Family
6,513
Businesses
1,266
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Listed by: N/A • N/A
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Mls ID: #N/A