6719 Gunnery RdIndianapolisIN46278
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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 6719 Gunnery Rd, Indianapolis, IN, 46278 listed at $709,000 pairs $5,384/mo rent with a $3,470/mo payment to leave $1,128/mo cash flow. Total monthly income runs $5,384/mo, and annual cash flow reaches $13,538/yr on $233,261 cash to close. Return on cash invested measures 25.86% in year one, and rental yield registers 9.11% at a $709,000 basis. Equity gained on principal adds $4,575/yr, and annual property appreciation at 5% supports $195,884 by year five. Five-year ROI tracks 134.5% and total cumulative return in cash totals $313,737. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $5,384/mo property income relative to a $3,470/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1970
1.11 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: Cortney Hull • White Stag Realty, LLC
Mls Name: MIBOR as distributed by MLS GRID
Mls ID: #22053489