646 N Temple AveIndianapolisIN46201
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
Investment Highlights
Rental property for sale in Indianapolis at 646 N Temple Ave, Indianapolis, IN, 46201 priced at $142,800 pairs $2,340/mo rent with $1,410/mo cash flow after a $699/mo payment. Total monthly income equals $2,340/mo, and annual cash flow comes to $16,919/yr on $47,338 invested. Return on cash invested is 55.65% in year one, and rental yield stands at 19.66% on a $142,800 basis. Equity gained on principal adds $921/yr, and 5% annual appreciation accumulates to $39,453 by year five. Five-year ROI measures 294.92% and total cumulative return in cash reaches $139,609. For financing, Ziffy Mortgage’s DSCR program evaluates $2,340/mo property income against a $699/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1925
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46201, Indianapolis, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,692 (100%) |
| Owner Occupied HU | 5,885 (37.5%) |
| Renter Occupied HU | 7,357 (46.9%) |
| Vacant Housing Units | 2,450 (15.6%) |
| Median Home Value | $171,197 |
| Average Home Value | $199,735 |
Housing Distribution
Address Breakdown
Residential
14,022
Single Family
13,239
Multi-Family
783
Businesses
626
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Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: Zillow Rentals
Mls ID: #N/A