5304 N Franklin RdIndianapolisIN46226
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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 5304 N Franklin Rd, Indianapolis, IN, 46226 earns $226/mo cash flow from $916/mo rent with a $563/mo payment. Total monthly income totals $916/mo, and annual cash flow totals $2,706/yr on $38,123 capital. ROI tracks 27.01% on current figures, and rental yield reads 9.56% at a $115,000 purchase. Equity gained on principal adds $742/yr, and 5% annual appreciation supports $31,772 over five years. Five-year ROI reaches 140.73% and total cumulative return in cash sums $53,649. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $916/mo property income instead of your personal income.
Condo
Built in 1974
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46226, Indianapolis, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,362 (100%) |
| Owner Occupied HU | 8,396 (43.4%) |
| Renter Occupied HU | 8,850 (45.7%) |
| Vacant Housing Units | 2,116 (10.9%) |
| Median Home Value | $173,352 |
| Average Home Value | $236,703 |
Housing Distribution
Address Breakdown
Residential
18,209
Single Family
15,840
Multi-Family
2,369
Businesses
1,060
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Listed by: Patrick Tumbarello • F.C. Tucker Company
Mls Name: MIBOR as distributed by MLS GRID
Mls ID: #22082500