5411 Drum RdIndianapolisIN46216
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 5411 Drum Rd, Indianapolis, IN, 46216 offers a 10.34% rental yield on a $225,000 purchase with $1,939/mo rent. Total monthly income registers $1,939/mo, and a $1,101/mo payment leaves $589/mo available for distribution. Annual cash flow reaches $7,063/yr on $74,588 to close, and return on cash invested stands at 29.38% in year one. Equity gained on principal adds $1,452/yr while 5% annual appreciation supports $62,163 over five years. Portfolio math shows five-year ROI at 153.4% and total cumulative return in cash at $114,417. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,939/mo property income against a $1,101/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2002
4,356 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46216, Indianapolis, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,670 (100%) |
| Owner Occupied HU | 413 (24.7%) |
| Renter Occupied HU | 1,122 (67.2%) |
| Vacant Housing Units | 135 ( 8.1%) |
| Median Home Value | $305,963 |
| Average Home Value | $341,374 |
Housing Distribution
Address Breakdown
Residential
1,484
Single Family
976
Multi-Family
508
Businesses
230
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Listed by: Corey Keele • Berkshire Hathaway Home
Mls Name: MIBOR as distributed by MLS GRID
Mls ID: #22049542