9213 Hawley DrIndianapolisIN46216
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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 9213 Hawley Dr, Indianapolis, IN, 46216 uses $109,362 cash to close to unlock $7,912/yr annual cash flow and $659/mo monthly cash flow. Total monthly income runs $2,640/mo, and a $1,615/mo payment keeps the spread at $659/mo. Purchase price stands at $329,900, and rental yield measures 9.6% with $2,640/mo rent. Return on cash invested shows 27.14% in year one, and 5% annual appreciation builds toward $91,145 over five years. Five-year ROI reaches 141.41% and total cumulative return in cash records $154,647. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,640/mo property income covering a $1,615/mo payment rather than investor’s personal income.
Single Family
Built in 2022
2,178 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46216, Indianapolis, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,670 (100%) |
| Owner Occupied HU | 413 (24.7%) |
| Renter Occupied HU | 1,122 (67.2%) |
| Vacant Housing Units | 135 ( 8.1%) |
| Median Home Value | $305,963 |
| Average Home Value | $341,374 |
Housing Distribution
Address Breakdown
Residential
1,484
Single Family
976
Multi-Family
508
Businesses
230
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Listed by: Carrie Holle • Compass Indiana, LLC
Mls Name: MIBOR as distributed by MLS GRID
Mls ID: #22079601