8901 Rocky Ridge RdIndianapolisIN46217
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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 8901 Rocky Ridge Rd, Indianapolis, IN, 46217 offers a 7.57% rental yield on a $445,000 purchase with $2,807/mo rent. Total monthly income registers $2,807/mo, and a $2,178/mo payment leaves $136/mo available for distribution. Annual cash flow reaches $1,629/yr on $147,518 to close, and return on cash invested stands at 21.01% in year one. Equity gained on principal adds $2,872/yr while 5% annual appreciation supports $122,945 over five years. Portfolio math shows five-year ROI at 108.51% and total cumulative return in cash at $160,076. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,807/mo property income against a $2,178/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1977
0.43 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: Joshua Matthews • @properties
Mls Name: MIBOR as distributed by MLS GRID
Mls ID: #22039646