618 N Bosart AveIndianapolisIN46201
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 618 N Bosart Ave, Indianapolis, IN, 46201 at $219,500 posts ROI 20.15% with $15/mo cash flow from $1,332/mo rent. Total monthly income equals $1,332/mo, and annual cash flow records $177/yr on $72,764 to close. Return on cash invested measures 20.15% and rental yield reads 7.28% at the current $219,500. Equity gained on principal adds $1,416/yr, and 5% annual appreciation supports $60,644 by year five. Five-year ROI prints 103.93% and total cumulative return in cash totals $75,622.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,332/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1926
5,227 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46201, Indianapolis, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,692 (100%) |
| Owner Occupied HU | 5,885 (37.5%) |
| Renter Occupied HU | 7,357 (46.9%) |
| Vacant Housing Units | 2,450 (15.6%) |
| Median Home Value | $171,197 |
| Average Home Value | $199,735 |
Housing Distribution
Address Breakdown
Residential
14,022
Single Family
13,239
Multi-Family
783
Businesses
626
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Listed by: Fletcher Daly • New Quantum Realty Group
Mls Name: MIBOR as distributed by MLS GRID
Mls ID: #22077961