8168 Shorewalk Dr APT D, Indianapolis, IN, 46236 | $772/mo Cash Flow

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8168 Shorewalk Dr APT D, Indianapolis, IN, 46236 | $772/mo Cash Flow | Ziffy

Pending

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 8168 Shorewalk Dr APT D, Indianapolis, IN, 46236 uses $62,156 cash to close to unlock $9,266/yr annual cash flow and $772/mo monthly cash flow. Total monthly income runs $1,898/mo, and a $918/mo payment keeps the spread at $772/mo. Purchase price stands at $187,500, and rental yield measures 12.15% with $1,898/mo rent. Return on cash invested shows 34.82% in year one, and 5% annual appreciation builds toward $51,803 over five years. Five-year ROI reaches 182.59% and total cumulative return in cash records $113,491. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,898/mo property income covering a $918/mo payment rather than investor’s personal income.

Condo

Built in 1983

N/A lot

$N/A/sqft

No HOA

More details about the property

Lake Views, Luxe Updates & Low-Maintenance Living-Welcome to Shorewalk! Tucked inside one of Geist's most vibrant lakefront communities, this 2-bedroom, 2-bath condo offers the perfect mix of laid-back lakeside living and modern comfort. The updated kitchen is a showstopper, featuring sleek granite countertops, stainless steel appliances, and a washer and dryer that make laundry day a breeze. Start your mornings with birdsong and coffee on the private balcony, or wind down with a glass of wine while taking in the peaceful wooded backdrop and tranquil views of Geist Reservoir. But it's not just about what's inside-Shorewalk brings the lifestyle: a sparkling pool, tennis courts, clubhouse, and year-round social events that make every day feel like a vacation. Whether you're downsizing, investing, or just craving that lake life vibe, this gem checks all the boxes. Come see it before someone else makes it theirs!

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