8815 Royal Meadow DrIndianapolisIN46217
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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 8815 Royal Meadow Dr, Indianapolis, IN, 46217 listed at $279,500 pairs $2,100/mo rent with a $1,368/mo payment to leave $422/mo cash flow. Total monthly income runs $2,100/mo, and annual cash flow reaches $5,067/yr on $92,654 cash to close. Return on cash invested measures 25.38% in year one, and rental yield registers 9.02% at a $279,500 basis. Equity gained on principal adds $1,804/yr, and annual property appreciation at 5% supports $77,221 by year five. Five-year ROI tracks 131.97% and total cumulative return in cash totals $122,276. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,100/mo property income relative to a $1,368/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1978
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46217, Indianapolis, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,196 (100%) |
| Owner Occupied HU | 9,776 (74.1%) |
| Renter Occupied HU | 2,911 (22.1%) |
| Vacant Housing Units | 509 ( 3.9%) |
| Median Home Value | $270,235 |
| Average Home Value | $283,488 |
Housing Distribution
Address Breakdown
Residential
13,204
Single Family
11,627
Multi-Family
1,577
Businesses
676
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Listed by: Ngun Til • Landtree, REALTORS
Mls Name: MIBOR as distributed by MLS GRID
Mls ID: #22073717