6465 Potomac Square Ln UNIT 2, Indianapolis, IN, 46268 | $538/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

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6465 Potomac Square Ln UNIT 2, Indianapolis, IN, 46268 | $538/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Indianapolis at 6465 Potomac Square Ln UNIT 2, Indianapolis, IN, 46268 earns $538/mo cash flow from $1,558/mo rent with a $832/mo payment. Total monthly income totals $1,558/mo, and annual cash flow totals $6,452/yr on $56,322 capital. ROI tracks 31.37% on current figures, and rental yield reads 11% at a $169,900 purchase. Equity gained on principal adds $1,096/yr, and 5% annual appreciation supports $46,940 over five years. Five-year ROI reaches 164.06% and total cumulative return in cash sums $92,402. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,558/mo property income instead of your personal income.

Condo

Built in 2003

1 Acres lot

$N/A/sqft

No HOA

More details about the property

Welcome to this completely updated, brick-faced townhouse-condo on Potomac Square at 6500 Georgetown. Entering the front door you're greeted into an open concept living, dining, kitchen combo perfect for entertaining. The kitchen boasts stainless steel appliances, brand new quartz countertops, sink, faucet and freshly painted cabinets. The entirety of the first floor has brand new LVP flooring, practically indestructible and ready for whatever life throws at them. Off the living room, is the entrance to the attached garage, and by the entrance to the garage is a half bath tucked underneath the stairs; through the kitchen you have the back door that takes you to a concrete patio that can be used as a patio or extra parking space. Upstairs you'll find brand new carpet, 2 bedrooms and 2 bathrooms. All new light fixtures and paint throughout. Bathrooms have quartz topped vanities with updated faucets, light fixtures and LVP floors. HoA covers ground maintenance (lawn, snow), common area maintenance (roads, exterior of buildings, etc) as well as water and sewer.

Neighborhood Data

Neighborhood data shown for ZIP Code: 46268, Indianapolis, IN area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	12,785 (100%)
Owner Occupied HU	5,780 (45.2%)
Renter Occupied HU	6,292 (49.2%)
Vacant Housing Units	713 ( 5.6%)
Median Home Value	$245,536
Average Home Value	$279,210