7307 Barnwell PlIndianapolisIN46217
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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 7307 Barnwell Pl, Indianapolis, IN, 46217 offers a 9.53% rental yield on a $256,500 purchase with $2,036/mo rent. Total monthly income registers $2,036/mo, and a $1,255/mo payment leaves $370/mo available for distribution. Annual cash flow reaches $4,442/yr on $85,030 to close, and return on cash invested stands at 25.13% in year one. Equity gained on principal adds $1,655/yr while 5% annual appreciation supports $70,866 over five years. Portfolio math shows five-year ROI at 131.29% and total cumulative return in cash at $111,635. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,036/mo property income against a $1,255/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2003
5,488 sqft lot
$N/A/sqft
$65 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
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