8729 Skiles PlIndianapolisIN46234
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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
Total monthly income runs $1,031/mo, and a $636/mo payment. Purchase price stands at $130,000, and rental yield measures 9.52% with $1,031/mo rent. Return on cash invested shows 13.53% in year one, and 5% annual appreciation builds toward $35,917 over five years. Five-year ROI reaches 73.21% and total cumulative return in cash records $31,551. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,031/mo property income covering a $636/mo payment rather than investor’s personal income.
Manufactured
Built in N/A
N/A lot
$N/A/sqft
$480 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46234, Indianapolis, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,019 (100%) |
| Owner Occupied HU | 8,100 (73.5%) |
| Renter Occupied HU | 2,451 (22.2%) |
| Vacant Housing Units | 468 ( 4.2%) |
| Median Home Value | $251,325 |
| Average Home Value | $279,530 |
Housing Distribution
Address Breakdown
Residential
11,139
Single Family
10,377
Multi-Family
762
Businesses
320
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Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A