838 N Hamilton AveIndianapolisIN46201
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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
Investment property for sale in Indianapolis at 838 N Hamilton Ave, Indianapolis, IN, 46201 earns $333/mo cash flow from $1,828/mo rent with a $1,219/mo payment. Total monthly income totals $1,828/mo, and annual cash flow totals $3,996/yr on $82,544 capital. ROI tracks 24.75% on current figures, and rental yield reads 8.81% at a $249,000 purchase. Equity gained on principal adds $1,607/yr, and 5% annual appreciation supports $68,794 over five years. Five-year ROI reaches 128.63% and total cumulative return in cash sums $106,172. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,828/mo property income instead of your personal income.
Single Family
Built in 1910
4,922 sqft lot
$N/A/sqft
No HOA
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 |
Housing Distribution
Address Breakdown
Residential
14,022
Single Family
13,239
Multi-Family
783
Businesses
626
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Listed by: N/A • N/A
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