8163 Frisco WayIndianapolisIN46240
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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
Rental property for sale in Indianapolis at 8163 Frisco Way, Indianapolis, IN, 46240 generates $2,287/mo in rent and, after a $1,517/mo payment, leaves $426/mo in cash flow. Total monthly income is $2,287/mo, and annual cash flow is $5,117/yr on $102,765 invested. Return on cash invested sits at 24.89% in year one, and rental yield is 8.85% on a $310,000 entry. Equity gained on principal adds $2,000/yr, while 5% annual appreciation builds toward $85,647 over five years. Five-year ROI reaches 129.32% and total cumulative return in cash sums $132,895. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,287/mo property income rather than buyer’s personal income.
Single Family
Built in 1986
1,306 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46240, Indianapolis, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,313 (100%) |
| Owner Occupied HU | 4,833 (39.3%) |
| Renter Occupied HU | 5,655 (45.9%) |
| Vacant Housing Units | 1,825 (14.8%) |
| Median Home Value | $355,378 |
| Average Home Value | $432,769 |
Housing Distribution
Address Breakdown
Residential
11,010
Single Family
6,951
Multi-Family
4,059
Businesses
1,461
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Listed by: Fred Nelson • CENTURY 21 Scheetz
Mls Name: MIBOR as distributed by MLS GRID
Mls ID: #22076559