5347 Waterton Lakes DrIndianapolisIN46237
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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 5347 Waterton Lakes Dr, Indianapolis, IN, 46237 uses $82,875 cash to close to unlock $6,035/yr annual cash flow and $503/mo monthly cash flow. Total monthly income runs $2,004/mo, and a $1,224/mo payment keeps the spread at $503/mo. Purchase price stands at $250,000, and rental yield measures 9.62% with $2,004/mo rent. Return on cash invested shows 27.19% in year one, and 5% annual appreciation builds toward $69,070 over five years. Five-year ROI reaches 141.65% and total cumulative return in cash records $117,394. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,004/mo property income covering a $1,224/mo payment rather than investor’s personal income.
Single Family
Built in 2000
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46237, Indianapolis, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,819 (100%) |
| Owner Occupied HU | 11,929 (66.9%) |
| Renter Occupied HU | 5,146 (28.9%) |
| Vacant Housing Units | 744 ( 4.2%) |
| Median Home Value | $265,823 |
| Average Home Value | $289,079 |
Housing Distribution
Address Breakdown
Residential
18,118
Single Family
15,933
Multi-Family
2,185
Businesses
626
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Listed by: Don Kohler • Kohler Realty
Mls Name: IRMLS
Mls Provider:
Mls ID: #202438736
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.