8751 Lafayette RdIndianapolisIN46278
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
Rental property for sale in Indianapolis at 8751 Lafayette Rd, Indianapolis, IN, 46278 generates $2,100/mo in rent, after a $1,872/mo payment. Total monthly income is $2,100/mo. Return on cash invested sits at 18.05% in year one, and rental yield is 6.59% on a $382,500 entry. Equity gained on principal adds $2,468/yr, while 5% annual appreciation builds toward $105,678 over five years. Five-year ROI reaches 92.69% and total cumulative return in cash sums $117,534. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,100/mo property income rather than buyer’s personal income.
Single Family
Built in 1954
1.19 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46278, Indianapolis, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,422 (100%) |
| Owner Occupied HU | 3,111 (90.9%) |
| Renter Occupied HU | 218 ( 6.4%) |
| Vacant Housing Units | 93 ( 2.7%) |
| Median Home Value | $425,349 |
| Average Home Value | $455,718 |
Housing Distribution
Address Breakdown
Residential
3,383
Single Family
3,208
Multi-Family
175
Businesses
590
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jerika Daley • Trueblood Real Estate
Mls Name: MIBOR as distributed by MLS GRID
Mls ID: #22061799