691 Sunbeam CirIndianapolisIN46231
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 691 Sunbeam Cir, Indianapolis, IN, 46231 priced at $239,900 pairs $2,177/mo rent with $737/mo cash flow after a $1,174/mo payment. Total monthly income equals $2,177/mo, and annual cash flow comes to $8,845/yr on $79,527 invested. Return on cash invested is 31.03% in year one, and rental yield stands at 10.89% on a $239,900 basis. Equity gained on principal adds $1,548/yr, and 5% annual appreciation accumulates to $66,280 by year five. Five-year ROI measures 162.29% and total cumulative return in cash reaches $129,067. For financing, Ziffy Mortgage’s DSCR program evaluates $2,177/mo property income against a $1,174/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1989
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46231, Indianapolis, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,085 (100%) |
| Owner Occupied HU | 2,961 (72.5%) |
| Renter Occupied HU | 1,002 (24.5%) |
| Vacant Housing Units | 122 ( 3.0%) |
| Median Home Value | $225,853 |
| Average Home Value | $255,165 |
Housing Distribution
Address Breakdown
Residential
3,748
Single Family
3,617
Multi-Family
131
Businesses
191
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Nearby investment properties with comparable prices
Listed by: Kelly Wood • RE/MAX At The Crossing
Mls Name: MIBOR as distributed by MLS GRID
Mls ID: #22073135