7648 Willowood StIndianapolisIN46214
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 7648 Willowood St, Indianapolis, IN, 46214 uses $79,527 cash to close to unlock $349/yr annual cash flow and $29/mo monthly cash flow. Total monthly income runs $1,469/mo, and a $1,174/mo payment keeps the spread at $29/mo. Purchase price stands at $239,900, and rental yield measures 7.35% with $1,469/mo rent. Return on cash invested shows 20.35% in year one, and 5% annual appreciation builds toward $66,280 over five years. Five-year ROI reaches 105.01% and total cumulative return in cash records $83,515. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,469/mo property income covering a $1,174/mo payment rather than investor’s personal income.
Single Family
Built in 1988
5,662 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46214, Indianapolis, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,985 (100%) |
| Owner Occupied HU | 4,820 (40.2%) |
| Renter Occupied HU | 6,464 (53.9%) |
| Vacant Housing Units | 701 ( 5.8%) |
| Median Home Value | $214,272 |
| Average Home Value | $249,365 |
Housing Distribution
Address Breakdown
Residential
11,679
Single Family
7,775
Multi-Family
3,904
Businesses
416
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Albert Turk • Viewpoint Realty Group, LLC
Mls Name: MIBOR as distributed by MLS GRID
Mls ID: #22057330