8158 Shorewalk Dr UNIT FIndianapolisIN46236
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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 8158 Shorewalk Dr UNIT F, Indianapolis, IN, 46236 offers a 9.91% rental yield on a $222,900 purchase with $1,841/mo rent. Total monthly income registers $1,841/mo, and a $1,091/mo payment leaves $45/mo available for distribution. Annual cash flow reaches $536/yr on $73,891 to close, and return on cash invested stands at 20.63% in year one. Equity gained on principal adds $1,438/yr while 5% annual appreciation supports $61,583 over five years. Portfolio math shows five-year ROI at 109.19% and total cumulative return in cash at $80,686. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,841/mo property income against a $1,091/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1983
169 sqft lot
$N/A/sqft
$360 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46236, Indianapolis, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,680 (100%) |
| Owner Occupied HU | 9,177 (85.9%) |
| Renter Occupied HU | 1,122 (10.5%) |
| Vacant Housing Units | 381 ( 3.6%) |
| Median Home Value | $302,184 |
| Average Home Value | $341,808 |
Housing Distribution
Address Breakdown
Residential
10,445
Single Family
10,299
Multi-Family
146
Businesses
596
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