819 N Chester Ave, Indianapolis, IN, 46201 | $360/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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819 N Chester Ave, Indianapolis, IN, 46201 | $360/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 819 N Chester Ave, Indianapolis, IN, 46201 uses $59,637 cash to close to unlock $4,315/yr annual cash flow and $360/mo monthly cash flow. Total monthly income runs $1,440/mo, and a $881/mo payment keeps the spread at $360/mo. Purchase price stands at $179,900, and rental yield measures 9.61% with $1,440/mo rent. Return on cash invested shows 27.14% in year one, and 5% annual appreciation builds toward $49,703 over five years. Five-year ROI reaches 141.43% and total cumulative return in cash records $84,345. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,440/mo property income covering a $881/mo payment rather than investor’s personal income.

Single Family

Built in 1930

5,227 sqft lot

$N/A/sqft

No HOA

More details about the property

Spacious bungalow in popular Shannon Park. 2 bedrooms, two full baths and large two car detached garage. Updates completed in 2015: Electrical box, new water heater, bathroom toilets, converted half bath to full bath in basement, new tile surround shower in upstairs bathroom, all new water lines, HVAC system, granite kitchen countertops, gutters, garage doors, installed new roof, tile flooring in both kitchen and upstairs bathroom. Just Completed: New board and batton front on the house, complete exterior painted including garage, garage repairs, landscaping, replace back door and frame, complete interior painting including basement, new range, hood fan and refrigerator, new bathroom vanity and towel racks in upstairs bathroom, all hardwoods refinished and much more!!

Neighborhood Data

Neighborhood data shown for ZIP Code: 46201, Indianapolis, IN area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	15,692 (100%)
Owner Occupied HU	5,885 (37.5%)
Renter Occupied HU	7,357 (46.9%)
Vacant Housing Units	2,450 (15.6%)
Median Home Value	$171,197
Average Home Value	$199,735