7931 Fawnwood DrIndianapolisIN46278
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 7931 Fawnwood Dr, Indianapolis, IN, 46278 earns $1,116/mo cash flow from $5,768/mo rent with a $3,793/mo payment. Total monthly income totals $5,768/mo, and annual cash flow totals $13,392/yr on $254,975 capital. ROI tracks 25.31% on current figures, and rental yield reads 8.93% at a $775,000 purchase. Equity gained on principal adds $5,001/yr, and 5% annual appreciation supports $214,118 over five years. Five-year ROI reaches 131.55% and total cumulative return in cash sums $335,431. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $5,768/mo property income instead of your personal income.
Single Family
Built in 2006
0.31 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: James Embry • Keller Williams Indpls Metro N
Mls Name: MIBOR as distributed by MLS GRID
Mls ID: #22075607