8822 Mallard Green DrIndianapolisIN46234
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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 8822 Mallard Green Dr, Indianapolis, IN, 46234 uses $89,505 cash to close to unlock $5,889/yr annual cash flow and $491/mo monthly cash flow. Total monthly income runs $2,112/mo, and a $1,322/mo payment keeps the spread at $491/mo. Purchase price stands at $270,000, and rental yield measures 9.39% with $2,112/mo rent. Return on cash invested shows 26.49% in year one, and 5% annual appreciation builds toward $74,596 over five years. Five-year ROI reaches 137.89% and total cumulative return in cash records $123,421. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,112/mo property income covering a $1,322/mo payment rather than investor’s personal income.
Single Family
Built in 1999
7,405 sqft lot
$N/A/sqft
No 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: Amy Englert • Carpenter, REALTORS
Mls Name: MIBOR as distributed by MLS GRID
Mls ID: #22057381