5748 Birtz RdIndianapolisIN46216
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowIf cash-on-cash performance is your primary filter, 5748 Birtz Rd, Indianapolis, IN, 46216 in Indianapolis deserves attention. This $389,990 property earns $3,290/mo in rent, a 10.12% gross yield, and nets $732/mo after the $1,754/mo payment. DSCR 1.88 makes it one of the cleaner DSCR underwriting candidates Ziffy Mortgage sees in this market. Five-year appreciation of $107,747 compounds alongside $3,592/yr in yearly equity build, for a total cumulative return of $195,647.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.1% | 6.8% |
| Monthly Cash Flow | $732 | $450 |
City averages based on Indianapolis market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,290 |
| Total Monthly Debt Service | $2,403 |
| DSCR Ratio | 1.37x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Townhouse
Built in 2025
1,742 sqft lot
$N/A/sqft
$650 quarterly 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
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
Townhouse
Built in 2025
1,742 sqft lot
$N/A/sqft
$650 quarterly 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Edward Petras • DBG Realty
Mls Name: MIBOR as distributed by MLS GRID
Mls Provider:
Mls ID: #22073651
Disclaimer: Based on information submitted to the MLS GRID as of 2026-02-18 23:32:59 PST. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. [Click here for more information](/mls-disclaimers/#48)