8354 Glenwillow Ln UNIT 205IndianapolisIN46278
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Investment property for sale in Indianapolis at 8354 Glenwillow Ln UNIT 205, Indianapolis, IN, 46278 listed at $189,900 pairs $1,453/mo rent with a $929/mo payment to leave $314/mo cash flow. Total monthly income runs $1,453/mo, and annual cash flow reaches $3,762/yr on $62,952 cash to close. Return on cash invested measures 25.89% in year one, and rental yield registers 9.18% at a $189,900 basis. Equity gained on principal adds $1,225/yr, and annual property appreciation at 5% supports $52,466 by year five. Five-year ROI tracks 134.66% and total cumulative return in cash totals $84,773. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,453/mo property income relative to a $929/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1996
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46278, Indianapolis, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,422 (100%) |
| Owner Occupied HU | 3,111 (90.9%) |
| Renter Occupied HU | 218 ( 6.4%) |
| Vacant Housing Units | 93 ( 2.7%) |
| Median Home Value | $425,349 |
| Average Home Value | $455,718 |
Housing Distribution
Address Breakdown
Residential
3,383
Single Family
3,208
Multi-Family
175
Businesses
590
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Brett Lueken • Century 21 The Lueken Group
Mls Name: MIBOR as distributed by MLS GRID
Mls ID: #22056066