6124 Timber Lake BlvdIndianapolisIN46237
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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 6124 Timber Lake Blvd, Indianapolis, IN, 46237 earns $631/mo cash flow from $1,861/mo rent with a $1,003/mo payment. Total monthly income totals $1,861/mo, and annual cash flow totals $7,571/yr on $67,924 capital. ROI tracks 31.05% on current figures, and rental yield reads 10.9% at a $204,900 purchase. Equity gained on principal adds $1,322/yr, and 5% annual appreciation supports $56,610 over five years. Five-year ROI reaches 162.37% and total cumulative return in cash sums $110,290. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,861/mo property income instead of your personal income.
Condo
Built in 1998
1,742 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46237, Indianapolis, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,819 (100%) |
| Owner Occupied HU | 11,929 (66.9%) |
| Renter Occupied HU | 5,146 (28.9%) |
| Vacant Housing Units | 744 ( 4.2%) |
| Median Home Value | $265,823 |
| Average Home Value | $289,079 |
Housing Distribution
Address Breakdown
Residential
18,118
Single Family
15,933
Multi-Family
2,185
Businesses
626
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Listed by: J. Victor Perr • F.C. Tucker Company
Mls Name: MIBOR as distributed by MLS GRID
Mls ID: #22080683