7670 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 7670 E 51st St, Indianapolis, IN, 46226 uses $74,588 cash to close to unlock $5,551/yr annual cash flow and $463/mo monthly cash flow. Total monthly income runs $1,813/mo, and a $1,101/mo payment keeps the spread at $463/mo. Purchase price stands at $225,000, and rental yield measures 9.67% with $1,813/mo rent. Return on cash invested shows 27.35% in year one, and 5% annual appreciation builds toward $62,163 over five years. Five-year ROI reaches 142.51% and total cumulative return in cash records $106,293. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,813/mo property income covering a $1,101/mo payment rather than investor’s personal income.
Single Family
Built in 1957
7,840 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: Megan Collins • F.C. Tucker Company
Mls Name: MIBOR as distributed by MLS GRID
Mls ID: #22078918