900 Fenster CtIndianapolisIN46234
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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 900 Fenster Ct, Indianapolis, IN, 46234 priced at $349,900 pairs $2,364/mo rent with $263/mo cash flow after a $1,713/mo payment. Total monthly income equals $2,364/mo, and annual cash flow comes to $3,158/yr on $115,992 invested. Return on cash invested is 22.63% in year one, and rental yield stands at 8.11% on a $349,900 basis. Equity gained on principal adds $2,258/yr, and 5% annual appreciation accumulates to $96,671 by year five. Five-year ROI measures 117.23% and total cumulative return in cash reaches $135,978. For financing, Ziffy Mortgage’s DSCR program evaluates $2,364/mo property income against a $1,713/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1970
0.30 Acres 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: Mariah Ante • Match House Realty Group LLC
Mls Name: MIBOR as distributed by MLS GRID
Mls ID: #22077909