9285 Golden Oaks EIndianapolisIN46260
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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 9285 Golden Oaks E, Indianapolis, IN, 46260 offers a 11.4% rental yield on a $223,000 purchase with $2,118/mo rent. Total monthly income registers $2,118/mo, and a $1,091/mo payment leaves $780/mo available for distribution. Annual cash flow reaches $9,358/yr on $73,925 to close, and return on cash invested stands at 32.57% in year one. Equity gained on principal adds $1,439/yr while 5% annual appreciation supports $61,611 over five years. Portfolio math shows five-year ROI at 170.47% and total cumulative return in cash at $126,017. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,118/mo property income against a $1,091/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1986
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46260, Indianapolis, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,842 (100%) |
| Owner Occupied HU | 7,029 (44.4%) |
| Renter Occupied HU | 7,577 (47.8%) |
| Vacant Housing Units | 1,236 ( 7.8%) |
| Median Home Value | $322,134 |
| Average Home Value | $385,713 |
Housing Distribution
Address Breakdown
Residential
15,242
Single Family
11,322
Multi-Family
3,920
Businesses
683
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Listed by: Shelby Farrar • Opendoor Brokerage LLC
Mls Name: MIBOR as distributed by MLS GRID
Mls ID: #22079431