7618 Briarstone Ln, Indianapolis, IN, 46227 | 6.54% Rental Yield

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7618 Briarstone Ln, Indianapolis, IN, 46227 | 6.54% Rental Yield | Ziffy

For Sale

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 7618 Briarstone Ln, Indianapolis, IN, 46227 earns from $1,226/mo rent with a $1,101/mo payment. Total monthly income totals $1,226/mo. ROI tracks 17.91% on current figures, and rental yield reads 6.54% at a $224,900 purchase. Equity gained on principal adds $1,451/yr, and 5% annual appreciation supports $62,136 over five years. Five-year ROI reaches 91.88% and total cumulative return in cash sums $68,497. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,226/mo property income instead of your personal income.

Condo

Built in 1997

N/A lot

$N/A/sqft

No HOA

More details about the property

Here is an incredible opportunity on a 2 Bd, 2.5 Bath, 2 car attached garage condo that offers tremendous value. Located on a private and peaceful tree-lined lot, this unit has 2 primary Bedrooms, 2 separate living spaces, and tons of recent updates including carpet, LVP flooring in Kitchen, paint, HVAC in '22, water heater in '18. All appliances stay including the washer & dryer! Complex is conveniently located close to shopping and interstate access. Come enjoy low maintenance living today!

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