5429 E Burgess AveIndianapolisIN46219
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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 5429 E Burgess Ave, Indianapolis, IN, 46219 offers a 9.28% rental yield on a $140,000 purchase with $1,083/mo rent. Total monthly income registers $1,083/mo, and a $685/mo payment leaves $243/mo available for distribution. Annual cash flow reaches $2,914/yr on $46,410 to close, and return on cash invested stands at 26.19% in year one. Equity gained on principal adds $903/yr while 5% annual appreciation supports $38,679 over five years. Portfolio math shows five-year ROI at 136.29% and total cumulative return in cash at $63,250. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,083/mo property income against a $685/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1964
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46219, Indianapolis, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,635 (100%) |
| Owner Occupied HU | 8,859 (53.3%) |
| Renter Occupied HU | 6,462 (38.8%) |
| Vacant Housing Units | 1,314 ( 7.9%) |
| Median Home Value | $207,615 |
| Average Home Value | $227,043 |
Housing Distribution
Address Breakdown
Residential
16,059
Single Family
14,379
Multi-Family
1,680
Businesses
1,295
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Listed by: Thomas Colvin • eXp Realty, LLC
Mls Name: MIBOR as distributed by MLS GRID
Mls ID: #22059228