8243 Retreat LnIndianapolisIN46259
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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 8243 Retreat Ln, Indianapolis, IN, 46259 generates $2,226/mo in rent and, after a $1,394/mo payment, leaves $516/mo in cash flow. Total monthly income is $2,226/mo, and annual cash flow is $6,195/yr on $94,444 invested. Return on cash invested sits at 26.47% in year one, and rental yield is 9.38% on a $284,900 entry. Equity gained on principal adds $1,838/yr, while 5% annual appreciation builds toward $78,713 over five years. Five-year ROI reaches 137.81% and total cumulative return in cash sums $130,151. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,226/mo property income rather than buyer’s personal income.
Single Family
Built in 2007
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46259, Indianapolis, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,259 (100%) |
| Owner Occupied HU | 4,788 (91.0%) |
| Renter Occupied HU | 342 ( 6.5%) |
| Vacant Housing Units | 129 ( 2.5%) |
| Median Home Value | $361,879 |
| Average Home Value | $399,564 |
Housing Distribution
Address Breakdown
Residential
5,196
Single Family
5,196
Multi-Family
0
Businesses
77
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Listed by: Rochelle Perkins • Garnet Group
Mls Name: MIBOR as distributed by MLS GRID
Mls ID: #22072283