6037 Hickory Forge Ct, Indianapolis, IN, 46254 | $425/mo Cash Flow

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Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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6037 Hickory Forge Ct, Indianapolis, IN, 46254 | $425/mo Cash Flow | Ziffy

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Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Indianapolis at 6037 Hickory Forge Ct, Indianapolis, IN, 46254 earns $425/mo cash flow from $2,286/mo rent with a $1,517/mo payment. Total monthly income totals $2,286/mo, and annual cash flow totals $5,105/yr on $102,765 capital. ROI tracks 24.88% on current figures, and rental yield reads 8.85% at a $310,000 purchase. Equity gained on principal adds $2,000/yr, and 5% annual appreciation supports $85,647 over five years. Five-year ROI reaches 129.26% and total cumulative return in cash sums $132,835. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,286/mo property income instead of your personal income.

Single Family

Built in 1995

0.25 Acres lot

$N/A/sqft

No HOA

More details about the property

Nestled on a generous lot in Indianapolis. Discover the attractive home awaiting your family. A property in great condition move-in ready. Spacious living areas and natural light throughout. Step into the living room, where high ceilings create an airy and expansive atmosphere. The kitchen is a culinary dream, featuring a kitchen island perfect for gathering, cabinets that provide ample storage, and a stylish backsplash adding a touch of elegance; imagine preparing meals and entertaining in this inviting space. Large Family room off the beautiful kitchen to stay connected to others. Huge Game room/Movie Theater around the corner. Unwind in the bedroom with its ensuite bathroom, walk in shower offering a private retreat within your home with huge closet. Bedrooms are all good sizes with nice closets. Enjoy the beautiful outdoor space, including a deck, ideal for relaxation and entertainment, all within the privacy of a fenced backyard. A front porch offers a welcoming spot to enjoy the residential area. Perfectly set on a cul-de-sac for even more privacy. This home combines comfort and style, offering an exceptional living experience. Lots of updates, move in ready. Take advantage of the incredible location, nestled in a great neighborhood with access to schools, parks, dining and more. Don't miss a chance to make this house your next home! Must see!

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