Foster Plan, Hickory RunIndianapolisIN46259
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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 Foster Plan, Hickory Run, Indianapolis, IN, 46259 priced at $362,990 pairs $2,962/mo rent with $783/mo cash flow after a $1,777/mo payment. Total monthly income equals $2,962/mo, and annual cash flow comes to $9,392/yr on $120,331 invested. Return on cash invested is 27.71% in year one, and rental yield stands at 9.79% on a $362,990 basis. Equity gained on principal adds $2,342/yr, and 5% annual appreciation accumulates to $100,287 by year five. Five-year ROI measures 144.46% and total cumulative return in cash reaches $173,832. For financing, Ziffy Mortgage’s DSCR program evaluates $2,962/mo property income against a $1,777/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2026
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46259, Indianapolis, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,259 (100%) |
| Owner Occupied HU | 4,788 (91.0%) |
| Renter Occupied HU | 342 ( 6.5%) |
| Vacant Housing Units | 129 ( 2.5%) |
| Median Home Value | $361,879 |
| Average Home Value | $399,564 |
Housing Distribution
Address Breakdown
Residential
5,196
Single Family
5,196
Multi-Family
0
Businesses
77
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Listed by: N/A • M/I Homes
Mls Name: M/I Homes
Mls Provider:
Mls ID: #N/A