5816 Dollar Forge DrIndianapolisIN46221
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 5816 Dollar Forge Dr, Indianapolis, IN, 46221 at $254,000 posts ROI 23.72% with $268/mo cash flow from $1,967/mo rent. Total monthly income equals $1,967/mo, and annual cash flow records $3,212/yr on $84,201 to close. Return on cash invested measures 23.72% and rental yield reads 9.29% at the current $254,000. Equity gained on principal adds $1,639/yr, and 5% annual appreciation supports $70,176 by year five. Five-year ROI prints 123.97% and total cumulative return in cash totals $104,382.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,967/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2003
4,791 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46221, Indianapolis, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,205 (100%) |
| Owner Occupied HU | 6,485 (57.9%) |
| Renter Occupied HU | 3,906 (34.9%) |
| Vacant Housing Units | 814 ( 7.3%) |
| Median Home Value | $209,976 |
| Average Home Value | $214,246 |
Housing Distribution
Address Breakdown
Residential
10,643
Single Family
10,523
Multi-Family
120
Businesses
359
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Nearby investment properties with comparable prices
Listed by: Brandon Warfield • CARPENTER REALTORS
Mls Name: THAAR
Mls Provider:
Mls ID: #105788
Disclaimer: The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (IDX) program of the Terre Haute Area Association of Realtors. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Copyright 2025 Terre Haute Area Association of Realtors. All Rights Reserved. Last Updated: 2025-03-17 07:44:59 PDT