8884 Lahr CtIndianapolisIN46256
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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
Rental property for sale in Indianapolis at 8884 Lahr Ct, Indianapolis, IN, 46256 generates $2,008/mo in rent and, after a $1,199/mo payment, leaves $538/mo in cash flow. Total monthly income is $2,008/mo, and annual cash flow is $6,451/yr on $81,184 invested. Return on cash invested sits at 27.85% in year one, and rental yield is 9.84% on a $244,900 entry. Equity gained on principal adds $1,580/yr, while 5% annual appreciation builds toward $67,661 over five years. Five-year ROI reaches 145.22% and total cumulative return in cash sums $117,893. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,008/mo property income rather than buyer’s personal income.
Single Family
Built in 1988
4,356 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46256, Indianapolis, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,441 (100%) |
| Owner Occupied HU | 7,189 (68.9%) |
| Renter Occupied HU | 2,590 (24.8%) |
| Vacant Housing Units | 662 ( 6.3%) |
| Median Home Value | $311,311 |
| Average Home Value | $355,792 |
Housing Distribution
Address Breakdown
Residential
10,126
Single Family
8,590
Multi-Family
1,536
Businesses
629
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Listed by: Natasha Radovich • eXp Realty LLC
Mls Name: MIBOR as distributed by MLS GRID
Mls ID: #22076937