5912 Grandview DrIndianapolisIN46228
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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 5912 Grandview Dr, Indianapolis, IN, 46228 earns $199/mo cash flow from $1,790/mo rent with a $1,297/mo payment. Total monthly income totals $1,790/mo, and annual cash flow totals $2,393/yr on $87,814 capital. ROI tracks 22.63% on current figures, and rental yield reads 8.11% at a $264,900 purchase. Equity gained on principal adds $1,709/yr, and 5% annual appreciation supports $73,187 over five years. Five-year ROI reaches 117.24% and total cumulative return in cash sums $102,956. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,790/mo property income instead of your personal income.
Single Family
Built in 1960
0.55 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46228, Indianapolis, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,548 (100%) |
| Owner Occupied HU | 4,890 (74.7%) |
| Renter Occupied HU | 1,291 (19.7%) |
| Vacant Housing Units | 367 ( 5.6%) |
| Median Home Value | $280,470 |
| Average Home Value | $332,219 |
Housing Distribution
Address Breakdown
Residential
6,296
Single Family
5,768
Multi-Family
528
Businesses
87
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Listed by: Brian Waters • Mentor Listing Realty Inc
Mls Name: MIBOR as distributed by MLS GRID
Mls ID: #22070697