7370 Lions Head Dr APT BIndianapolisIN46260
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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 7370 Lions Head Dr APT B, Indianapolis, IN, 46260 earns $182/mo cash flow from $1,557/mo rent with a $1,121/mo payment. Total monthly income totals $1,557/mo, and annual cash flow totals $2,186/yr on $75,914 capital. ROI tracks 22.79% on current figures, and rental yield reads 8.16% at a $229,000 purchase. Equity gained on principal adds $1,478/yr, and 5% annual appreciation supports $63,268 over five years. Five-year ROI reaches 118.09% and total cumulative return in cash sums $89,645. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,557/mo property income instead of your personal income.
Condo
Built in 1973
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46260, Indianapolis, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,842 (100%) |
| Owner Occupied HU | 7,029 (44.4%) |
| Renter Occupied HU | 7,577 (47.8%) |
| Vacant Housing Units | 1,236 ( 7.8%) |
| Median Home Value | $322,134 |
| Average Home Value | $385,713 |
Housing Distribution
Address Breakdown
Residential
15,242
Single Family
11,322
Multi-Family
3,920
Businesses
683
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Listed by: Jordan Herman • Encore Sotheby's International
Mls Name: MIBOR as distributed by MLS GRID
Mls ID: #22060449