5259 Broadway StIndianapolisIN46220
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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 5259 Broadway St, Indianapolis, IN, 46220 earns from $2,235/mo rent with a $4,454/mo payment. Total monthly income totals $2,235/mo. ROI tracks 7.12% on current figures, and rental yield reads 2.95% at a $910,000 purchase. Equity gained on principal adds $5,872/yr, and 5% annual appreciation supports $251,416 over five years. Five-year ROI reaches 34% and total cumulative return in cash sums $101,803. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,235/mo property income instead of your personal income.
Single Family
Built in 1924
5,662 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46220, Indianapolis, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,578 (100%) |
| Owner Occupied HU | 10,835 (58.3%) |
| Renter Occupied HU | 6,609 (35.6%) |
| Vacant Housing Units | 1,134 ( 6.1%) |
| Median Home Value | $353,955 |
| Average Home Value | $402,384 |
Housing Distribution
Address Breakdown
Residential
17,664
Single Family
14,977
Multi-Family
2,687
Businesses
1,730
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Listed by: Sean Mullins • United Real Estate Indpls
Mls Name: MIBOR as distributed by MLS GRID
Mls ID: #22078367