7444 Glen Park Ln #O60K84IndianapolisIN46259
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeInvestors who value predictability will appreciate 7444 Glen Park Ln #O60K84, Indianapolis, IN, 46259 in Indianapolis. At $416,200 it earns $3,270/mo in rent and distributes $772/mo to the owner after the $1,872/mo payment, a consistent 9.43% yield. DSCR 1.75 clears Ziffy Mortgage's income-only underwriting standard. Over five years, 5% annual appreciation adds $114,988 in value; $3,833/yr in principal paydown compounds ownership stake. Total projected return: $207,169.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.4% | 6.8% |
| Monthly Cash Flow | $772 | $450 |
City averages based on Indianapolis market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,270 |
| Total Monthly Debt Service | $2,333 |
| DSCR Ratio | 1.40x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Home Type Unknown
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46259, Indianapolis, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,259 (100%) |
| Owner Occupied HU | 4,788 (91.0%) |
| Renter Occupied HU | 342 ( 6.5%) |
| Vacant Housing Units | 129 ( 2.5%) |
| Median Home Value | $361,879 |
| Average Home Value | $399,564 |
Housing Distribution
Address Breakdown
Residential
5,196
Single Family
5,196
Multi-Family
0
Businesses
77
Nearby investment properties with comparable rents
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
Home Type Unknown
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46259, Indianapolis, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,259 (100%) |
| Owner Occupied HU | 4,788 (91.0%) |
| Renter Occupied HU | 342 ( 6.5%) |
| Vacant Housing Units | 129 ( 2.5%) |
| Median Home Value | $361,879 |
| Average Home Value | $399,564 |
Housing Distribution
Address Breakdown
Residential
5,196
Single Family
5,196
Multi-Family
0
Businesses
77
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A