7037 Dewester DrIndianapolisIN46236
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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 7037 Dewester Dr, Indianapolis, IN, 46236 uses $49,394 cash to close to unlock $3,454/yr annual cash flow and $288/mo monthly cash flow. Total monthly income runs $1,182/mo, and a $729/mo payment keeps the spread at $288/mo. Purchase price stands at $149,000, and rental yield measures 9.52% with $1,182/mo rent. Return on cash invested shows 26.9% in year one, and 5% annual appreciation builds toward $41,166 over five years. Five-year ROI reaches 140.09% and total cumulative return in cash records $69,196. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,182/mo property income covering a $729/mo payment rather than investor’s personal income.
Single Family
Built in 1996
7,143 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46236, Indianapolis, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,680 (100%) |
| Owner Occupied HU | 9,177 (85.9%) |
| Renter Occupied HU | 1,122 (10.5%) |
| Vacant Housing Units | 381 ( 3.6%) |
| Median Home Value | $302,184 |
| Average Home Value | $341,808 |
Housing Distribution
Address Breakdown
Residential
10,445
Single Family
10,299
Multi-Family
146
Businesses
596
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Listed by: Steve Koleno • BEYCOME OF FLORIDA LLC
Mls Name: NY State MLS
Mls ID: #11618206