6616 Stonepointe Way, Indianapolis, IN, 46259 | 5.45% Rental Yield

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6616 Stonepointe Way, Indianapolis, IN, 46259 | 5.45% Rental Yield | 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

Rental property for sale in Indianapolis at 6616 Stonepointe Way, Indianapolis, IN, 46259 generates $2,226/mo in rent, after a $2,398/mo payment. Total monthly income is $2,226/mo. Return on cash invested sits at 14.63% in year one, and rental yield is 5.45% on a $489,900 entry. Equity gained on principal adds $3,161/yr, while 5% annual appreciation builds toward $135,350 over five years. Five-year ROI reaches 74.29% and total cumulative return in cash sums $120,653. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,226/mo property income rather than buyer’s personal income.

Single Family

Built in 2018

7,405 sqft lot

$N/A/sqft

No HOA

More details about the property

Stunning 3 Bed, 2.5 Bath Ranch Home in Indianapolis! This beautifully designed ranch features an open floorplan where the living room, dining area, and kitchen flow seamlessly-perfect for entertaining or everyday living. Enjoy neutral decor and wood laminate flooring throughout, along with high-end finishes that elevate every room. The cozy living room includes a stylish fireplace, while the modern kitchen boasts a large island with seating, granite countertops, stainless steel appliances, and crisp white cabinetry. A convenient mudroom with storage cubbies connects to the laundry room and the attached 2-car garage. The spacious primary suite offers a tray ceiling, ceiling fan, and a huge walk-in closet. A sliding barn door leads to the luxurious ensuite with a double vanity and a large walk-in shower. Two additional generously sized bedrooms and a full bath are located just beyond the welcoming entry foyer. Don't miss the powder room for guests and the covered patio overlooking the fully fenced backyard-ideal for relaxing or entertaining!

Neighborhood Data

Neighborhood data shown for ZIP Code: 46259, Indianapolis, IN area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	5,259 (100%)
Owner Occupied HU	4,788 (91.0%)
Renter Occupied HU	342 ( 6.5%)
Vacant Housing Units	129 ( 2.5%)
Median Home Value	$361,879
Average Home Value	$399,564