6507 Shamel DrIndianapolisIN46278
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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 6507 Shamel Dr, Indianapolis, IN, 46278 earns $1,563/mo cash flow from $4,564/mo rent with a $2,447/mo payment. Total monthly income totals $4,564/mo, and annual cash flow totals $18,755/yr on $165,717 capital. ROI tracks 31.23% on current figures, and rental yield reads 10.96% at a $499,900 purchase. Equity gained on principal adds $3,226/yr, and 5% annual appreciation supports $138,113 over five years. Five-year ROI reaches 163.28% and total cumulative return in cash sums $270,576. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,564/mo property income instead of your personal income.
Single Family
Built in 1992
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46278, Indianapolis, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,422 (100%) |
| Owner Occupied HU | 3,111 (90.9%) |
| Renter Occupied HU | 218 ( 6.4%) |
| Vacant Housing Units | 93 ( 2.7%) |
| Median Home Value | $425,349 |
| Average Home Value | $455,718 |
Housing Distribution
Address Breakdown
Residential
3,383
Single Family
3,208
Multi-Family
175
Businesses
590
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Listed by: Bryan Rhoads • LKV Realty, LLC
Mls Name: MIBOR as distributed by MLS GRID
Mls ID: #22081984