5938 Deerwood CtIndianapolisIN46254
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 5938 Deerwood Ct, Indianapolis, IN, 46254 earns $644/mo cash flow from $1,484/mo rent with a $685/mo payment. Total monthly income totals $1,484/mo, and annual cash flow totals $7,726/yr on $46,410 capital. ROI tracks 36.56% on current figures, and rental yield reads 12.72% at a $140,000 purchase. Equity gained on principal adds $903/yr, and 5% annual appreciation supports $38,679 over five years. Five-year ROI reaches 191.88% and total cumulative return in cash sums $89,050. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,484/mo property income instead of your personal income.
Condo
Built in 1973
4,791 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46254, Indianapolis, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,800 (100%) |
| Owner Occupied HU | 7,314 (41.1%) |
| Renter Occupied HU | 9,421 (52.9%) |
| Vacant Housing Units | 1,065 ( 6.0%) |
| Median Home Value | $222,429 |
| Average Home Value | $262,409 |
Housing Distribution
Address Breakdown
Residential
17,159
Single Family
12,864
Multi-Family
4,295
Businesses
847
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Marianella Garcia • Palas Realty
Mls Name: MIBOR as distributed by MLS GRID
Mls ID: #22077857