9020 Log Run Dr NIndianapolisIN46234
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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 9020 Log Run Dr N, Indianapolis, IN, 46234 uses $116,945 cash to close to unlock $5,040/yr annual cash flow and $420/mo monthly cash flow. Total monthly income runs $2,538/mo, and a $1,727/mo payment keeps the spread at $420/mo. Purchase price stands at $352,775, and rental yield measures 8.63% with $2,538/mo rent. Return on cash invested shows 24.22% in year one, and 5% annual appreciation builds toward $97,465 over five years. Five-year ROI reaches 125.75% and total cumulative return in cash records $147,057. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,538/mo property income covering a $1,727/mo payment rather than investor’s personal income.
Single Family
Built in 1974
0.43 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: Kyle Durbin • Coldwell Banker - Kaiser
Mls Name: MIBOR as distributed by MLS GRID
Mls ID: #22078307