6318 Furnas RdIndianapolisIN46221
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 6318 Furnas Rd, Indianapolis, IN, 46221 with 5% annual appreciation on a $238,000 basis while $2,081/mo rent supports operations. Total monthly income totals $2,081/mo and a $1,165/mo payment preserves $444/mo for cash returns. Annual cash flow comes to $5,332/yr on $78,897 deployed, and return on cash invested reaches 26.67% in year one. Equity gained on principal adds $1,536/yr, and five-year appreciation sums $65,755 alongside rental yield of 10.49%. Five-year ROI measures 140.02% and total cumulative return in cash totals $110,470.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,081/mo property income versus a $1,165/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1995
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46221, Indianapolis, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,205 (100%) |
| Owner Occupied HU | 6,485 (57.9%) |
| Renter Occupied HU | 3,906 (34.9%) |
| Vacant Housing Units | 814 ( 7.3%) |
| Median Home Value | $209,976 |
| Average Home Value | $214,246 |
Housing Distribution
Address Breakdown
Residential
10,643
Single Family
10,523
Multi-Family
120
Businesses
359
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Listed by: N/A • N/A
Mls Name: Zillow Rentals
Mls ID: #N/A