8653 Faulkner DrIndianapolisIN46239
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 8653 Faulkner Dr, Indianapolis, IN, 46239 at $295,800 posts ROI 28.29% with $685/mo cash flow from $2,473/mo rent. Total monthly income equals $2,473/mo, and annual cash flow records $8,218/yr on $98,058 to close. Return on cash invested measures 28.29% and rental yield reads 10.03% at the current $295,800. Equity gained on principal adds $1,909/yr, and 5% annual appreciation supports $81,724 by year five. Five-year ROI prints 147.6% and total cumulative return in cash totals $144,733.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,473/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2022
8,364 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46239, Indianapolis, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,280 (100%) |
| Owner Occupied HU | 10,598 (79.8%) |
| Renter Occupied HU | 2,211 (16.6%) |
| Vacant Housing Units | 471 ( 3.5%) |
| Median Home Value | $295,205 |
| Average Home Value | $317,631 |
Housing Distribution
Address Breakdown
Residential
13,049
Single Family
12,683
Multi-Family
366
Businesses
556
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Nearby investment properties with comparable prices
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