7744 Park North Lake Dr, Indianapolis, IN, 46260 | $541/mo Cash Flow

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7744 Park North Lake Dr, Indianapolis, IN, 46260 | $541/mo Cash Flow | 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 7744 Park North Lake Dr, Indianapolis, IN, 46260 offers a 9.85% rental yield on a $245,000 purchase with $2,012/mo rent. Total monthly income registers $2,012/mo, and a $1,199/mo payment leaves $541/mo available for distribution. Annual cash flow reaches $6,498/yr on $81,218 to close, and return on cash invested stands at 27.91% in year one. Equity gained on principal adds $1,581/yr while 5% annual appreciation supports $67,689 over five years. Portfolio math shows five-year ROI at 145.52% and total cumulative return in cash at $118,188. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,012/mo property income against a $1,199/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 1991

5,227 sqft lot

$N/A/sqft

No HOA

More details about the property

Don't miss this great opportunity in a beautiful, well-loved neighborhood! Step inside to vaulted ceilings, a welcoming fireplace, and an open living/dining space that leads to a charming deck with peaceful views of the pond. This home offers three roomy bedrooms, two full baths, and a two-car garage. With fresh paint throughout, all that's left is for you to move in and make it your own.

Neighborhood Data

Neighborhood data shown for ZIP Code: 46260, Indianapolis, IN area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	15,842 (100%)
Owner Occupied HU	7,029 (44.4%)
Renter Occupied HU	7,577 (47.8%)
Vacant Housing Units	1,236 ( 7.8%)
Median Home Value	$322,134
Average Home Value	$385,713