5811 E Troy AveIndianapolisIN46203
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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 5811 E Troy Ave, Indianapolis, IN, 46203 uses $78,234 cash to close to unlock $5,432/yr annual cash flow and $453/mo monthly cash flow. Total monthly income runs $1,975/mo, and a $1,155/mo payment keeps the spread at $453/mo. Purchase price stands at $236,000, and rental yield measures 10.04% with $1,975/mo rent. Return on cash invested shows 26.85% in year one, and 5% annual appreciation builds toward $65,202 over five years. Five-year ROI reaches 140.43% and total cumulative return in cash records $109,866. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,975/mo property income covering a $1,155/mo payment rather than investor’s personal income.
Single Family
Built in 1950
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46203, Indianapolis, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,183 (100%) |
| Owner Occupied HU | 8,432 (46.4%) |
| Renter Occupied HU | 7,696 (42.3%) |
| Vacant Housing Units | 2,055 (11.3%) |
| Median Home Value | $189,972 |
| Average Home Value | $247,147 |
Housing Distribution
Address Breakdown
Residential
16,323
Single Family
15,372
Multi-Family
951
Businesses
1,194
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Listed by: Brian Brockman • Williams & Williams Real Estate Auctions
Mls Name: My State MLS
Mls ID: #11506054