5803 Sunstone RdIndianapolisIN46239
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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
Rental property for sale in Indianapolis at 5803 Sunstone Rd, Indianapolis, IN, 46239 priced at $480,680 converts $2,578/mo rent into after a $2,353/mo obligation. Total monthly income equals $2,578/mo. Return on cash invested prints 17.07% in year one, and rental yield reads 6.44% against a $480,680 entry. Equity gained on principal adds $3,102/yr, while 5% annual appreciation compiles into $132,803 by year five. Five-year ROI reaches 87.55% and total cumulative return in cash sums $139,502. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,578/mo property income covering a $2,353/mo payment, not borrower’s personal income.
Single Family
Built in 2025
7,840 sqft lot
$N/A/sqft
$835 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46239, Indianapolis, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,280 (100%) |
| Owner Occupied HU | 10,598 (79.8%) |
| Renter Occupied HU | 2,211 (16.6%) |
| Vacant Housing Units | 471 ( 3.5%) |
| Median Home Value | $295,205 |
| Average Home Value | $317,631 |
Housing Distribution
Address Breakdown
Residential
13,049
Single Family
12,683
Multi-Family
366
Businesses
556
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Nearby investment properties with comparable prices
Listed by: Erin Hundley • Compass Indiana, LLC
Mls Name: MIBOR as distributed by MLS GRID
Mls Provider:
Mls ID: #22028045
Disclaimer: Based on information submitted to the MLS GRID as of 2025-03-24 08:12:51 PDT. 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)