9158 W Point DrIndianapolisIN46268
INVESTMENT ANALYSIS
Investment Verdict
Income-Producing9158 W Point Dr, Indianapolis, IN, 46268 in Indianapolis is a stable, well-positioned rental at $337,500. Rental yield 6.44%. DSCR 1.19 qualifies for Ziffy Mortgage's DSCR mortgage without U.S. income documentation. Over five years, 5% appreciation adds $93,245 in value and $3,108/yr in principal paydown builds equity, a total projected return of $113,898.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 6.4% | 6.8% |
| Monthly Cash Flow | $(269) | $450 |
City averages based on Indianapolis market data in our database. Property projections are estimates.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $1,812 |
| Total Monthly Debt Service | $1,892 |
| DSCR Ratio | 0.96x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1987
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46268, Indianapolis, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,785 (100%) |
| Owner Occupied HU | 5,780 (45.2%) |
| Renter Occupied HU | 6,292 (49.2%) |
| Vacant Housing Units | 713 ( 5.6%) |
| Median Home Value | $245,536 |
| Average Home Value | $279,210 |
Housing Distribution
Address Breakdown
Residential
12,154
Single Family
8,633
Multi-Family
3,521
Businesses
1,956
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
Single Family
Built in 1987
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46268, Indianapolis, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,785 (100%) |
| Owner Occupied HU | 5,780 (45.2%) |
| Renter Occupied HU | 6,292 (49.2%) |
| Vacant Housing Units | 713 ( 5.6%) |
| Median Home Value | $245,536 |
| Average Home Value | $279,210 |
Housing Distribution
Address Breakdown
Residential
12,154
Single Family
8,633
Multi-Family
3,521
Businesses
1,956
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: MIBOR as distributed by MLS GRID
Mls ID: #22097164