9150 Hemingway DrIndianapolisIN46239
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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 9150 Hemingway Dr, Indianapolis, IN, 46239 uses $102,972 cash to close to unlock $9,189/yr annual cash flow and $766/mo monthly cash flow. Total monthly income runs $2,630/mo, and a $1,520/mo payment keeps the spread at $766/mo. Purchase price stands at $310,625, and rental yield measures 10.16% with $2,630/mo rent. Return on cash invested shows 28.83% in year one, and 5% annual appreciation builds toward $85,820 over five years. Five-year ROI reaches 150.45% and total cumulative return in cash records $154,920. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,630/mo property income covering a $1,520/mo payment rather than investor’s personal income.
Single Family
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46239, Indianapolis, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,280 (100%) |
| Owner Occupied HU | 10,598 (79.8%) |
| Renter Occupied HU | 2,211 (16.6%) |
| Vacant Housing Units | 471 ( 3.5%) |
| Median Home Value | $295,205 |
| Average Home Value | $317,631 |
Housing Distribution
Address Breakdown
Residential
13,049
Single Family
12,683
Multi-Family
366
Businesses
556
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Listed by: N/A • D.R. Horton
Mls Name: DR Horton
Mls Provider:
Mls ID: #N/A