Empress Plan, Grassy Creek SouthIndianapolisIN46239
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
Investment Highlights
Rental property for sale in Indianapolis at Empress Plan, Grassy Creek South, Indianapolis, IN, 46239 priced at $324,995 converts $3,184/mo rent into $1,233/mo cash flow after a $1,591/mo obligation. Total monthly income equals $3,184/mo, and annual cash flow totals $14,794/yr on $107,736 invested. Return on cash invested prints 33.64% in year one, and rental yield reads 11.76% against a $324,995 entry. Equity gained on principal adds $2,097/yr, while 5% annual appreciation compiles into $89,790 by year five. Five-year ROI reaches 176.23% and total cumulative return in cash sums $189,863. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,184/mo property income covering a $1,591/mo payment, not borrower’s personal income.
Single Family
Built in 2026
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46239, Indianapolis, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,280 (100%) |
| Owner Occupied HU | 10,598 (79.8%) |
| Renter Occupied HU | 2,211 (16.6%) |
| Vacant Housing Units | 471 ( 3.5%) |
| Median Home Value | $295,205 |
| Average Home Value | $317,631 |
Housing Distribution
Address Breakdown
Residential
13,049
Single Family
12,683
Multi-Family
366
Businesses
556
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • Arbor Homes
Mls Name: Arbor Homes
Mls Provider:
Mls ID: #N/A