6651 E 18th StIndianapolisIN46219
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
Total monthly income runs $1,133/mo, and a $978/mo payment. Purchase price stands at $199,900, and rental yield measures 6.8% with $1,133/mo rent. Return on cash invested shows 18.7% in year one, and 5% annual appreciation builds toward $55,229 over five years. Five-year ROI reaches 96.18% and total cumulative return in cash records $63,733. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,133/mo property income covering a $978/mo payment rather than investor’s personal income.
Single Family
Built in 1957
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46219, Indianapolis, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,635 (100%) |
| Owner Occupied HU | 8,859 (53.3%) |
| Renter Occupied HU | 6,462 (38.8%) |
| Vacant Housing Units | 1,314 ( 7.9%) |
| Median Home Value | $207,615 |
| Average Home Value | $227,043 |
Housing Distribution
Address Breakdown
Residential
16,059
Single Family
14,379
Multi-Family
1,680
Businesses
1,295
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Katrina Matheis • Ever Real Estate, LLC
Mls Name: MIBOR as distributed by MLS GRID
Mls ID: #22078210