7502 Colony CirIndianapolisIN46260
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
Investment Highlights
Investment property for sale in Indianapolis at 7502 Colony Cir, Indianapolis, IN, 46260 earns from $2,675/mo rent with a $2,638/mo payment. Total monthly income totals $2,675/mo. ROI tracks 16.27% on current figures, and rental yield reads 5.96% at a $539,000 purchase. Equity gained on principal adds $3,478/yr, and 5% annual appreciation supports $148,916 over five years. Five-year ROI reaches 83.05% and total cumulative return in cash sums $147,276. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,675/mo property income instead of your personal income.
Single Family
Built in 1986
0.96 Acres 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kerri Sarver • F.C. Tucker Company
Mls Name: MIBOR as distributed by MLS GRID
Mls ID: #22047414