8910 Hunters Creek Dr APT 205IndianapolisIN46227
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
Investment property for sale in Indianapolis at 8910 Hunters Creek Dr APT 205, Indianapolis, IN, 46227 listed at $180,000 pairs $1,226/mo rent with a $881/mo payment to leave $146/mo cash flow. Total monthly income runs $1,226/mo, and annual cash flow reaches $1,746/yr on $59,670 cash to close. Return on cash invested measures 22.84% in year one, and rental yield registers 8.17% at a $180,000 basis. Equity gained on principal adds $1,162/yr, and annual property appreciation at 5% supports $49,731 by year five. Five-year ROI tracks 118.32% and total cumulative return in cash totals $70,601. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,226/mo property income relative to a $881/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 2009
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46227, Indianapolis, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 26,281 (100%) |
| Owner Occupied HU | 11,170 (42.5%) |
| Renter Occupied HU | 13,020 (49.5%) |
| Vacant Housing Units | 2,091 ( 8.0%) |
| Median Home Value | $234,494 |
| Average Home Value | $260,259 |
Housing Distribution
Address Breakdown
Residential
25,018
Single Family
19,504
Multi-Family
5,514
Businesses
1,399
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Rebecca Fox • Crossroads Real Estate Group LLC
Mls Name: MIBOR as distributed by MLS GRID
Mls ID: #22062464