5376 Dollar Forge Ct, Indianapolis, IN, 46221 | $491/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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5376 Dollar Forge Ct, Indianapolis, IN, 46221 | $491/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Indianapolis at 5376 Dollar Forge Ct, Indianapolis, IN, 46221 generates $1,932/mo in rent and, after a $1,175/mo payment, leaves $491/mo in cash flow. Total monthly income is $1,932/mo, and annual cash flow is $5,892/yr on $79,560 invested. Return on cash invested sits at 27.31% in year one, and rental yield is 9.66% on a $240,000 entry. Equity gained on principal adds $1,549/yr, while 5% annual appreciation builds toward $66,308 over five years. Five-year ROI reaches 142.31% and total cumulative return in cash sums $113,222. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,932/mo property income rather than buyer’s personal income.

Single Family

Built in 2002

5,662 sqft lot

$N/A/sqft

No HOA

More details about the property

Charming Ranch in River Run - Move-In Ready & Full of Updates! Welcome to 5376 Dollar Forge Court, a beautifully maintained 3-bedroom, 2-bath ranch home located on a quiet cul-de-sac in the highly desirable River Run neighborhood of Decatur Township. This single-level home offers the perfect blend of comfort, style, and convenience-ideal for first-time buyers, downsizers, or anyone looking for easy, low-maintenance living. Built in 2002, this home offers over 1,200 square feet of thoughtfully designed living space with a bright, open layout. As you step inside, you're greeted by vaulted ceilings and a spacious living room centered around a tile-surround fireplace, creating a cozy and welcoming atmosphere. Recent updates include new vinyl plank flooring throughout much of the main living area, providing a fresh, modern look and easy upkeep. The eat-in kitchen features stainless steel appliances, ample cabinetry, custom countertops, and a stone backsplash-all combining to create a functional and stylish cooking space. The primary bedroom offers a private retreat with a generous layout and an en-suite bath, while two additional bedrooms provide space for family, guests, or a home office. Both bathrooms are clean and well-maintained, with practical layouts and natural light. Outside, enjoy your own private oasis in the fully fenced backyard-perfect for pets, gardening, or entertaining. The home is tucked away at the end of a cul-de-sac, offering peace and privacy with minimal traffic. The attached 2-car garage adds convenience and extra storage.

Neighborhood Data

Neighborhood data shown for ZIP Code: 46221, Indianapolis, IN area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	11,205 (100%)
Owner Occupied HU	6,485 (57.9%)
Renter Occupied HU	3,906 (34.9%)
Vacant Housing Units	814 ( 7.3%)
Median Home Value	$209,976
Average Home Value	$214,246