636 Chapel Hill RdIndianapolisIN46214
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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 636 Chapel Hill Rd, Indianapolis, IN, 46214 earns $737/mo cash flow from $2,147/mo rent with a $1,150/mo payment. Total monthly income totals $2,147/mo, and annual cash flow totals $8,838/yr on $77,903 capital. ROI tracks 31.25% on current figures, and rental yield reads 10.96% at a $235,000 purchase. Equity gained on principal adds $1,516/yr, and 5% annual appreciation supports $64,926 over five years. Five-year ROI reaches 163.46% and total cumulative return in cash sums $127,336. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,147/mo property income instead of your personal income.
Single Family
Built in 1964
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46214, Indianapolis, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,985 (100%) |
| Owner Occupied HU | 4,820 (40.2%) |
| Renter Occupied HU | 6,464 (53.9%) |
| Vacant Housing Units | 701 ( 5.8%) |
| Median Home Value | $214,272 |
| Average Home Value | $249,365 |
Housing Distribution
Address Breakdown
Residential
11,679
Single Family
7,775
Multi-Family
3,904
Businesses
416
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Listed by: Kyle Speckman • F.C. Tucker Company
Mls Name: MIBOR as distributed by MLS GRID
Mls ID: #22069950