8921 Hunters Creek Dr APT 311, Indianapolis, IN, 46227 | $116/mo Cash Flow

Save Search

Filters Applied

EditEdit Filters

Filters Applied:

Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

EditEdit Filters

8921 Hunters Creek Dr APT 311, Indianapolis, IN, 46227 | $116/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

2 Bed
2 Bath
456 sft

226 Lake Hart, Mooresville, IN, 46158

1 Bed
1 Bath
1500 sft

4170 Wilbur Rd, Martinsville, IN, 46151

3 Bed
1 Bath
2196 sft

321 Maple Ln, Mooresville, IN, 46158

2 Bed
2 Bath
952 sft

4824 Skelton St, Greenwood, IN, 46143

Nearby investment properties with comparable prices

2 Bed
1 Bath
884 sft

216 E Carlisle St, Mooresville, IN, 46158

3 Bed
2 Bath
1348 sft

1034 Center St, Martinsville, IN, 46151

3 Bed
1 Bath
960 sft

410 W Douglas St, Martinsville, IN, 46151

2 Bed
2 Bath
1183 sft

925 Plaza Dr, Martinsville, IN, 46151

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

Explore more listings using simple english

Investment Highlights

Investment property for sale in Indianapolis at 8921 Hunters Creek Dr APT 311, Indianapolis, IN, 46227 offers a 7.95% rental yield on a $185,000 purchase with $1,226/mo rent. Total monthly income registers $1,226/mo, and a $905/mo payment leaves $116/mo available for distribution. Annual cash flow reaches $1,392/yr on $61,328 to close, and return on cash invested stands at 22.18% in year one. Equity gained on principal adds $1,194/yr while 5% annual appreciation supports $51,112 over five years. Portfolio math shows five-year ROI at 114.75% and total cumulative return in cash at $70,371. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,226/mo property income against a $905/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Condo

Built in 2005

N/A lot

$N/A/sqft

No HOA

More details about the property

Come and take a look at this great Somerset floorplan by Hills Communities. This home features vaulted ceilings, open concept, office with French doors, and balcony! This condo also features a 1 car detached garage. This is a wonderful maintenance-free community with resort style ammenities including a pool with large sundeck and nature path!

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