6458 Watham CtIndianapolisIN46250
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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 6458 Watham Ct, Indianapolis, IN, 46250 offers a 9.7% rental yield on a $229,900 purchase with $1,859/mo rent. Total monthly income registers $1,859/mo, and a $1,125/mo payment leaves $479/mo available for distribution. Annual cash flow reaches $5,750/yr on $76,212 to close, and return on cash invested stands at 27.45% in year one. Equity gained on principal adds $1,484/yr while 5% annual appreciation supports $63,517 over five years. Portfolio math shows five-year ROI at 143.09% and total cumulative return in cash at $109,055. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,859/mo property income against a $1,125/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1984
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46250, Indianapolis, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,669 (100%) |
| Owner Occupied HU | 4,223 (39.6%) |
| Renter Occupied HU | 5,500 (51.6%) |
| Vacant Housing Units | 946 ( 8.9%) |
| Median Home Value | $314,172 |
| Average Home Value | $358,341 |
Housing Distribution
Address Breakdown
Residential
9,925
Single Family
5,554
Multi-Family
4,371
Businesses
1,755
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Listed by: Jennifer Rice • American Dream Team Real Estate
Mls Name: MIBOR as distributed by MLS GRID
Mls ID: #22081648