7635 Monte Carlo WayIndianapolisIN46278
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 7635 Monte Carlo Way, Indianapolis, IN, 46278 listed at $980,000 pairs $2,580/mo rent with a $4,797/mo payment. Total monthly income runs $2,580/mo. Return on cash invested measures 7.77% in year one, and rental yield registers 3.16% at a $980,000 basis. Equity gained on principal adds $6,324/yr, and annual property appreciation at 5% supports $270,756 by year five. Five-year ROI tracks 37.44% and total cumulative return in cash totals $120,720. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,580/mo property income relative to a $4,797/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2006
0.63 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46278, Indianapolis, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,422 (100%) |
| Owner Occupied HU | 3,111 (90.9%) |
| Renter Occupied HU | 218 ( 6.4%) |
| Vacant Housing Units | 93 ( 2.7%) |
| Median Home Value | $425,349 |
| Average Home Value | $455,718 |
Housing Distribution
Address Breakdown
Residential
3,383
Single Family
3,208
Multi-Family
175
Businesses
590
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Ranee Rathee • Pinpoint Realty Services, LLC
Mls Name: MIBOR as distributed by MLS GRID
Mls ID: #22043135