7165 Bay Point Ct, Indianapolis, IN, 46214 | $564/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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7165 Bay Point Ct, Indianapolis, IN, 46214 | $564/mo Cash Flow | Ziffy

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Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Indianapolis at 7165 Bay Point Ct, Indianapolis, IN, 46214 earns $564/mo cash flow from $1,824/mo rent with a $1,027/mo payment. Total monthly income totals $1,824/mo, and annual cash flow totals $6,772/yr on $69,582 capital. ROI tracks 29.64% on current figures, and rental yield reads 10.43% at a $209,900 purchase. Equity gained on principal adds $1,354/yr, and 5% annual appreciation supports $57,992 over five years. Five-year ROI reaches 154.83% and total cumulative return in cash sums $107,732. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,824/mo property income instead of your personal income.

Condo

Built in 1987

2,178 sqft lot

$N/A/sqft

No HOA

More details about the property

This Two-Level, 2 Bedroom, 1.5 Bath Condo has been Completely Renovated from Top-to-Bottom over the last couple of Years and is Move-In Ready...! Please see a complete list of Recent Upgrades and Updates included in Documents Section. An Open-Space Living Room with Wood Burning Firpelace and High, Vaulted Ceilings open to the Loft creating a potential Office, or 2nd Entertainment area. (Some neighbors have absorbed the Loft into a Large Primary Bedroom Add-On). This Home could be Owner-Occupied or a perfect Investment Opportrunity for Rental, Air BnB or Virbo located close to Schools, Shopping and Entertainment plus Easy Access to I-465, Downtown Indianapolis, Indianapolis International Airport and the Indianapolis Motor Speedway.

Neighborhood Data

Neighborhood data shown for ZIP Code: 46214, Indianapolis, IN area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	11,985 (100%)
Owner Occupied HU	4,820 (40.2%)
Renter Occupied HU	6,464 (53.9%)
Vacant Housing Units	701 ( 5.8%)
Median Home Value	$214,272
Average Home Value	$249,365