Capstone Rooftop Plan, FloraIndianapolisIN46290
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderCapstone Rooftop Plan, Flora, Indianapolis, IN, 46290 in Indianapolis earns a respectable 7.39% gross yield at $589,900, but after the $2,653/mo mortgage the net cash flow is $91/mo, a tight but positive spread. Expense discipline (vacancy, management, maintenance) will determine whether the margin widens. Ziffy Mortgage's DSCR mortgage (1.37) still qualifies on property income; a larger down payment can improve the cash-flow buffer. Long-term, 5% appreciation projects $162,978 over five years, making equity the dominant return driver. Total projected return: $229,072.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.4% | 6.8% |
| Monthly Cash Flow | $91 | $450 |
City averages based on Indianapolis market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,632 |
| Total Monthly Debt Service | $3,306 |
| DSCR Ratio | 1.10x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, 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.
Townhouse
Built in 2026
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46290, Indianapolis, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 96 (100%) |
| Owner Occupied HU | 77 (80.2%) |
| Renter Occupied HU | 1 ( 1.0%) |
| Vacant Housing Units | 18 (18.7%) |
| Median Home Value | $1,030,000 |
| Average Home Value | $1,141,234 |
Housing Distribution
Address Breakdown
Residential
96
Single Family
96
Multi-Family
0
Businesses
189
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
Townhouse
Built in 2026
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46290, Indianapolis, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 96 (100%) |
| Owner Occupied HU | 77 (80.2%) |
| Renter Occupied HU | 1 ( 1.0%) |
| Vacant Housing Units | 18 (18.7%) |
| Median Home Value | $1,030,000 |
| Average Home Value | $1,141,234 |
Housing Distribution
Address Breakdown
Residential
96
Single Family
96
Multi-Family
0
Businesses
189
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • Onyx+East
Mls Name: Onyx + East
Mls Provider:
Mls ID: #N/A