9939 Estep DrIndianapolisIN46280
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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
Investment Highlights
Investment property for sale in Indianapolis at 9939 Estep Dr, Indianapolis, IN, 46280 earns from $2,130/mo rent with a $2,251/mo payment. Total monthly income totals $2,130/mo. ROI tracks 14.94% on current figures, and rental yield reads 5.56% at a $459,900 purchase. Equity gained on principal adds $2,968/yr, and 5% annual appreciation supports $127,062 over five years. Five-year ROI reaches 76% and total cumulative return in cash sums $115,866. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,130/mo property income instead of your personal income.
Single Family
Built in 1990
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46280, Indianapolis, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,987 (100%) |
| Owner Occupied HU | 2,438 (61.1%) |
| Renter Occupied HU | 1,325 (33.2%) |
| Vacant Housing Units | 224 ( 5.6%) |
| Median Home Value | $415,727 |
| Average Home Value | $436,357 |
Housing Distribution
Address Breakdown
Residential
3,819
Single Family
3,612
Multi-Family
207
Businesses
254
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Listed by: Allen Phelps • Durham Realty, LLC
Mls Name: MIBOR as distributed by MLS GRID
Mls ID: #22077149