6432 Commons DrIndianapolisIN46254
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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
Rental property for sale in Indianapolis at 6432 Commons Dr, Indianapolis, IN, 46254 priced at $124,300 converts $1,710/mo rent into $656/mo cash flow after a $608/mo obligation. Total monthly income equals $1,710/mo, and annual cash flow totals $7,874/yr on $41,205 invested. Return on cash invested prints 39.02% in year one, and rental yield reads 16.51% against a $124,300 entry. Equity gained on principal adds $802/yr, while 5% annual appreciation compiles into $34,342 by year five. Five-year ROI reaches 208.43% and total cumulative return in cash sums $85,885. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,710/mo property income covering a $608/mo payment, not borrower’s personal income.
Condo
Built in 1972
6,054 sqft lot
$N/A/sqft
$198 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46254, Indianapolis, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,800 (100%) |
| Owner Occupied HU | 7,314 (41.1%) |
| Renter Occupied HU | 9,421 (52.9%) |
| Vacant Housing Units | 1,065 ( 6.0%) |
| Median Home Value | $222,429 |
| Average Home Value | $262,409 |
Housing Distribution
Address Breakdown
Residential
17,159
Single Family
12,864
Multi-Family
4,295
Businesses
847
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