English Rooftop Plan, ColereIndianapolisIN46201
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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
Rental property for sale in Indianapolis at English Rooftop Plan, Colere, Indianapolis, IN, 46201 priced at $394,900 pairs $2,728/mo rent with $232/mo cash flow after a $1,933/mo payment. Total monthly income equals $2,728/mo, and annual cash flow comes to $2,788/yr on $130,909 invested. Return on cash invested is 22.04% in year one, and rental yield stands at 8.29% on a $394,900 basis. Equity gained on principal adds $2,548/yr, and 5% annual appreciation accumulates to $109,104 by year five. Five-year ROI measures 114.44% and total cumulative return in cash reaches $149,819. For financing, Ziffy Mortgage’s DSCR program evaluates $2,728/mo property income against a $1,933/mo payment instead of your W2s, 1099s, or Tax returns.
Townhouse
Built in 2024
N/A lot
$N/A/sqft
$125 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46201, Indianapolis, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,692 (100%) |
| Owner Occupied HU | 5,885 (37.5%) |
| Renter Occupied HU | 7,357 (46.9%) |
| Vacant Housing Units | 2,450 (15.6%) |
| Median Home Value | $171,197 |
| Average Home Value | $199,735 |
Housing Distribution
Address Breakdown
Residential
14,022
Single Family
13,239
Multi-Family
783
Businesses
626
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Listed by: N/A • Onyx+East
Mls Name: Onyx + East
Mls Provider:
Mls ID: #N/A