75 Steeples Blvd, Indianapolis, IN, 46222 | $863/mo Cash Flow

Off market

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Indianapolis at 75 Steeples Blvd, Indianapolis, IN, 46222 uses $94,013 cash to close to unlock $10,352/yr annual cash flow and $863/mo monthly cash flow. Total monthly income runs $2,594/mo, and a $1,388/mo payment keeps the spread at $863/mo. Purchase price stands at $283,600, and rental yield measures 10.98% with $2,594/mo rent. Return on cash invested shows 30.92% in year one, and 5% annual appreciation builds toward $78,353 over five years. Five-year ROI reaches 161.8% and total cumulative return in cash records $152,111. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,594/mo property income covering a $1,388/mo payment rather than investor’s personal income.

Single Family

Built in 2019

3,049 sqft lot

$N/A/sqft

$29 monthly HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 46222, Indianapolis, IN area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	16,412 (100%)
Owner Occupied HU	5,545 (33.8%)
Renter Occupied HU	8,728 (53.2%)
Vacant Housing Units	2,139 (13.0%)
Median Home Value	$108,604
Average Home Value	$188,902