539 E 53rd 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 539 E 53rd St, Indianapolis, IN, 46220 earns $1,060/mo cash flow from $3,132/mo rent with a $1,392/mo payment. Total monthly income totals $3,132/mo, and annual cash flow totals $12,715/yr on $94,245 capital. ROI tracks 33.4% on current figures, and rental yield reads 13.22% at a $284,300 purchase. Equity gained on principal adds $1,835/yr, and 5% annual appreciation supports $78,547 over five years. Five-year ROI reaches 176.66% and total cumulative return in cash sums $166,491. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,132/mo property income instead of your personal income.
Townhouse
Built in 1924
8,590 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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