838 Beaumont CtIndianapolisIN46214
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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
Rental property for sale in Indianapolis at 838 Beaumont Ct, Indianapolis, IN, 46214 priced at $259,500 pairs $2,160/mo rent with $602/mo cash flow after a $1,270/mo payment. Total monthly income equals $2,160/mo, and annual cash flow comes to $7,229/yr on $86,024 invested. Return on cash invested is 28.31% in year one, and rental yield stands at 9.99% on a $259,500 basis. Equity gained on principal adds $1,675/yr, and 5% annual appreciation accumulates to $71,695 by year five. Five-year ROI measures 147.7% and total cumulative return in cash reaches $127,061. For financing, Ziffy Mortgage’s DSCR program evaluates $2,160/mo property income against a $1,270/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1963
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46214, Indianapolis, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,985 (100%) |
| Owner Occupied HU | 4,820 (40.2%) |
| Renter Occupied HU | 6,464 (53.9%) |
| Vacant Housing Units | 701 ( 5.8%) |
| Median Home Value | $214,272 |
| Average Home Value | $249,365 |
Housing Distribution
Address Breakdown
Residential
11,679
Single Family
7,775
Multi-Family
3,904
Businesses
416
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Listed by: Tim Shefferly • F.C. Tucker Company
Mls Name: MIBOR as distributed by MLS GRID
Mls ID: #22053731