7848 Inishmore Way, Indianapolis, IN, 46214 | $551/mo Cash Flow

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7848 Inishmore Way, Indianapolis, IN, 46214 | $551/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 7848 Inishmore Way, Indianapolis, IN, 46214 offers a 9.3% rental yield on a $315,000 purchase with $2,442/mo rent. Total monthly income registers $2,442/mo, and a $1,542/mo payment leaves $551/mo available for distribution. Annual cash flow reaches $6,610/yr on $104,423 to close, and return on cash invested stands at 26.24% in year one. Equity gained on principal adds $2,033/yr while 5% annual appreciation supports $87,029 over five years. Portfolio math shows five-year ROI at 136.53% and total cumulative return in cash at $142,565. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,442/mo property income against a $1,542/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 2001

7,405 sqft lot

$N/A/sqft

No HOA

More details about the property

Welcome to this one-owner, well-maintained, two-story tract home. This spacious home offers 4 bedrooms, 2.5 bath and an unfinished basement full of potential. On the main level, the open-concept kitchen boast a center island and a breakfast nook for casual meals. A formal dining room for special occasions, a living room for gatherings and a comfortable family room with a fireplace for cozy evenings. Upstairs, the master suit features a walk-in closet and a private bath with both a soaking tub and a separate shower. Three more bedrooms, each with its own walk-in closet, provide plenty of room for family, guests or even a home office. The basement is unfinished and ready for whatever you need: extra storage, a workout space, or future living area. Outside, the fenced backyard has a large, freshly painted deck that's perfect for cookouts, gatherings, or simply enjoying some quiet time outdoors. Updates: newer roof (2021), newer windows (2021), newer furnace heater (2022). The neighborhood offers a pool, a playground and scenic walking trails. Plus, you'll be close to shopping, restaurants, and everything Avon and Indianapolis Downtown has to offer. Freshly painted inside and out, laminate flooring throughout, this home is move-in ready, well cared for, and waiting for its next chapter. Don't miss this great opportunity.

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