8337 Aspen CtIndianapolisIN46226
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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 8337 Aspen Ct, Indianapolis, IN, 46226 generates $1,579/mo in rent and, after a $1,175/mo payment, leaves $138/mo in cash flow. Total monthly income is $1,579/mo, and annual cash flow is $1,656/yr on $79,560 invested. Return on cash invested sits at 21.99% in year one, and rental yield is 7.9% on a $240,000 entry. Equity gained on principal adds $1,549/yr, while 5% annual appreciation builds toward $66,308 over five years. Five-year ROI reaches 113.74% and total cumulative return in cash sums $90,494. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,579/mo property income rather than buyer’s personal income.
Single Family
Built in 1961
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46226, Indianapolis, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,362 (100%) |
| Owner Occupied HU | 8,396 (43.4%) |
| Renter Occupied HU | 8,850 (45.7%) |
| Vacant Housing Units | 2,116 (10.9%) |
| Median Home Value | $173,352 |
| Average Home Value | $236,703 |
Housing Distribution
Address Breakdown
Residential
18,209
Single Family
15,840
Multi-Family
2,369
Businesses
1,060
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Listed by: Stanley Saingelus • F.C. Tucker Company
Mls Name: MIBOR as distributed by MLS GRID
Mls ID: #22081736