7510 E 51st StIndianapolisIN46226
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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
Investment property for sale in Indianapolis at 7510 E 51st St, Indianapolis, IN, 46226 listed at $150,000 pairs $1,173/mo rent with a $734/mo payment to leave $273/mo cash flow. Total monthly income runs $1,173/mo, and annual cash flow reaches $3,273/yr on $49,725 cash to close. Return on cash invested measures 26.49% in year one, and rental yield registers 9.38% at a $150,000 basis. Equity gained on principal adds $968/yr, and annual property appreciation at 5% supports $41,442 by year five. Five-year ROI tracks 137.93% and total cumulative return in cash totals $68,586. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,173/mo property income relative to a $734/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1958
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46226, Indianapolis, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,362 (100%) |
| Owner Occupied HU | 8,396 (43.4%) |
| Renter Occupied HU | 8,850 (45.7%) |
| Vacant Housing Units | 2,116 (10.9%) |
| Median Home Value | $173,352 |
| Average Home Value | $236,703 |
Housing Distribution
Address Breakdown
Residential
18,209
Single Family
15,840
Multi-Family
2,369
Businesses
1,060
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Listed by: Ben Grise • List With Ben, LLC
Mls Name: MIBOR as distributed by MLS GRID
Mls ID: #22069855