8500 N Meridian StIndianapolisIN46260
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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 8500 N Meridian St, Indianapolis, IN, 46260 offers $3,347/mo rent that, after a $1,316/mo payment, leaves $1,381/mo cash flow. Total monthly income is $3,347/mo, and annual cash flow is $16,577/yr on $89,140 cash. Return on cash invested measures 38.51% in year one, and rental yield stands at 14.94% at a $268,900 entry. Equity gained on principal adds $1,735/yr while 5% annual appreciation compounds into $74,292 by year five. Five-year ROI records 204.06% and total cumulative return in cash reaches $181,900. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,347/mo property income versus a $1,316/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46260, Indianapolis, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,842 (100%) |
| Owner Occupied HU | 7,029 (44.4%) |
| Renter Occupied HU | 7,577 (47.8%) |
| Vacant Housing Units | 1,236 ( 7.8%) |
| Median Home Value | $322,134 |
| Average Home Value | $385,713 |
Housing Distribution
Address Breakdown
Residential
15,242
Single Family
11,322
Multi-Family
3,920
Businesses
683
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Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: Zillow Rentals
Mls ID: #N/A