64-68 JennyIndianapolisIN46219
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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 64-68 Jenny, Indianapolis, IN, 46219 uses $56,355 cash to close to unlock $10,099/yr annual cash flow and $842/mo monthly cash flow. Total monthly income runs $1,862/mo, and a $832/mo payment keeps the spread at $842/mo. Purchase price stands at $170,000, and rental yield measures 13.14% with $1,862/mo rent. Return on cash invested shows 37.83% in year one, and 5% annual appreciation builds toward $46,968 over five years. Five-year ROI reaches 198.73% and total cumulative return in cash records $111,993. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,862/mo property income covering a $832/mo payment rather than investor’s personal income.
Multi Family
Built in 1930
7,405 sqft 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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Listed by: Max Moore • @properties
Mls Name: MIBOR as distributed by MLS GRID
Mls ID: #22057899