








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Total monthly income runs $1,794/mo, and a $1,674/mo payment. Purchase price stands at $342,000, and rental yield measures 6.29% with $1,794/mo rent. Return on cash invested shows 17.17% in year one, and 5% annual appreciation builds toward $94,488 over five years. Five-year ROI reaches 87.89% and total cumulative return in cash records $99,646. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,794/mo property income covering a $1,674/mo payment rather than investor’s personal income.
Condo
Built in 2002
2,178 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 46220, Indianapolis, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,578 (100%) |
| Owner Occupied HU | 10,835 (58.3%) |
| Renter Occupied HU | 6,609 (35.6%) |
| Vacant Housing Units | 1,134 ( 6.1%) |
| Median Home Value | $353,955 |
| Average Home Value | $402,384 |
Residential
17,664
Single Family
14,977
Multi-Family
2,687
Businesses
1,730
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: Becky Coble • F.C. Tucker Company
Mls Name: MIBOR as distributed by MLS GRID
Mls ID: #22055095