6903 Glacier DrIndianapolisIN46217
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
Rental property for sale in Indianapolis at 6903 Glacier Dr, Indianapolis, IN, 46217 offers $2,230/mo rent that, after a $1,547/mo payment, leaves $197/mo cash flow. Total monthly income is $2,230/mo, and annual cash flow is $2,359/yr on $104,754 cash. Return on cash invested measures 22.16% in year one, and rental yield stands at 8.47% at a $316,000 entry. Equity gained on principal adds $2,039/yr while 5% annual appreciation compounds into $87,305 by year five. Five-year ROI records 115.25% and total cumulative return in cash reaches $120,727. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,230/mo property income versus a $1,547/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1974
0.28 Acres lot
$N/A/sqft
$24 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46217, Indianapolis, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,196 (100%) |
| Owner Occupied HU | 9,776 (74.1%) |
| Renter Occupied HU | 2,911 (22.1%) |
| Vacant Housing Units | 509 ( 3.9%) |
| Median Home Value | $270,235 |
| Average Home Value | $283,488 |
Housing Distribution
Address Breakdown
Residential
13,204
Single Family
11,627
Multi-Family
1,577
Businesses
676
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A