6213 E Commodore DrIndianapolisIN46219
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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 6213 E Commodore Dr, Indianapolis, IN, 46219 with 5% annual appreciation on a $103,000 basis while $1,218/mo rent supports operations. Total monthly income totals $1,218/mo and a $504/mo payment preserves $477/mo for cash returns. Annual cash flow comes to $5,728/yr on $34,145 deployed, and return on cash invested reaches 36.69% in year one. Equity gained on principal adds $665/yr, and five-year appreciation sums $28,457 alongside rental yield of 14.19%. Five-year ROI measures 194.24% and total cumulative return in cash totals $66,322.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,218/mo property income versus a $504/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Apartment
Built in 1949
0.35 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46219, Indianapolis, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,635 (100%) |
| Owner Occupied HU | 8,859 (53.3%) |
| Renter Occupied HU | 6,462 (38.8%) |
| Vacant Housing Units | 1,314 ( 7.9%) |
| Median Home Value | $207,615 |
| Average Home Value | $227,043 |
Housing Distribution
Address Breakdown
Residential
16,059
Single Family
14,379
Multi-Family
1,680
Businesses
1,295
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