6332 Long River LnIndianapolisIN46221
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at 6332 Long River Ln, Indianapolis, IN, 46221 in Indianapolis speaks for itself: 10.18% gross on a $227,700 price, generating $1,932/mo in rent and $549/mo in net income after the $1,024/mo debt service. DSCR 1.89, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $6,590 stacks alongside $62,909 in projected five-year appreciation and $2,097/yr in principal reduction. Projected total cumulative return: $122,543.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.2% | 6.8% |
| Monthly Cash Flow | $549 | $450 |
City averages based on Indianapolis market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,932 |
| Total Monthly Debt Service | $1,276 |
| DSCR Ratio | 1.51x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1999
5,227 sqft 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
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
Single Family
Built in 1999
5,227 sqft 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: John Pacilio • eXp Realty, LLC
Mls Name: MIBOR as distributed by MLS GRID
Mls ID: #22043252