7440 Hearthstone WayIndianapolisIN46227
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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
Rental property for sale in Indianapolis at 7440 Hearthstone Way, Indianapolis, IN, 46227 offers $2,261/mo rent that, after a $1,300/mo payment, leaves $618/mo cash flow. Total monthly income is $2,261/mo, and annual cash flow is $7,419/yr on $88,080 cash. Return on cash invested measures 28.33% in year one, and rental yield stands at 10.21% at a $265,700 entry. Equity gained on principal adds $1,715/yr while 5% annual appreciation compounds into $73,408 by year five. Five-year ROI records 148.05% and total cumulative return in cash reaches $130,399. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,261/mo property income versus a $1,300/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1975
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46227, Indianapolis, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 26,281 (100%) |
| Owner Occupied HU | 11,170 (42.5%) |
| Renter Occupied HU | 13,020 (49.5%) |
| Vacant Housing Units | 2,091 ( 8.0%) |
| Median Home Value | $234,494 |
| Average Home Value | $260,259 |
Housing Distribution
Address Breakdown
Residential
25,018
Single Family
19,504
Multi-Family
5,514
Businesses
1,399
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Listed by: N/A • N/A
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