7419 Sylvan Ridge RdIndianapolisIN46240
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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
Investment property for sale in Indianapolis at 7419 Sylvan Ridge Rd, Indianapolis, IN, 46240 at $250,600 posts ROI 33.73% with $957/mo cash flow from $2,982/mo rent. Total monthly income equals $2,982/mo, and annual cash flow records $11,480/yr on $83,074 to close. Return on cash invested measures 33.73% and rental yield reads 14.28% at the current $250,600. Equity gained on principal adds $1,617/yr, and 5% annual appreciation supports $69,236 by year five. Five-year ROI prints 179.43% and total cumulative return in cash totals $149,058.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,982/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Condo
Built in 1980
1,123 sqft lot
$N/A/sqft
$431 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46240, Indianapolis, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,313 (100%) |
| Owner Occupied HU | 4,833 (39.3%) |
| Renter Occupied HU | 5,655 (45.9%) |
| Vacant Housing Units | 1,825 (14.8%) |
| Median Home Value | $355,378 |
| Average Home Value | $432,769 |
Housing Distribution
Address Breakdown
Residential
11,010
Single Family
6,951
Multi-Family
4,059
Businesses
1,461
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