8536 Palo Verde Ter #43IndianapolisIN46227
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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 8536 Palo Verde Ter #43, Indianapolis, IN, 46227 offers a 9.06% rental yield on a $135,000 purchase with $1,019/mo rent. Total monthly income registers $1,019/mo, and a $661/mo payment leaves $208/mo available for distribution. Annual cash flow reaches $2,500/yr on $44,753 to close, and return on cash invested stands at 25.5% in year one. Equity gained on principal adds $871/yr while 5% annual appreciation supports $37,298 over five years. Portfolio math shows five-year ROI at 132.65% and total cumulative return in cash at $59,365. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,019/mo property income against a $661/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1978
1,544 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46227, Indianapolis, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 26,281 (100%) |
| Owner Occupied HU | 11,170 (42.5%) |
| Renter Occupied HU | 13,020 (49.5%) |
| Vacant Housing Units | 2,091 ( 8.0%) |
| Median Home Value | $234,494 |
| Average Home Value | $260,259 |
Housing Distribution
Address Breakdown
Residential
25,018
Single Family
19,504
Multi-Family
5,514
Businesses
1,399
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Listed by: Craig Deboor • Real Broker, LLC
Mls Name: MIBOR as distributed by MLS GRID
Mls ID: #22055014