Grand Bahama Plan, Cottage Station RanchesIndianapolisIN46239
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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
Investment property for sale in Indianapolis at Grand Bahama Plan, Cottage Station Ranches, Indianapolis, IN, 46239 earns $655/mo cash flow from $2,275/mo rent with a $1,321/mo payment. Total monthly income totals $2,275/mo, and annual cash flow totals $7,857/yr on $89,502 capital. ROI tracks 28.69% on current figures, and rental yield reads 10.11% at a $269,990 purchase. Equity gained on principal adds $1,742/yr, and 5% annual appreciation supports $74,593 over five years. Five-year ROI reaches 149.68% and total cumulative return in cash sums $133,966. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,275/mo property income instead of your personal income.
Single Family
Built in 2024
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
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Listed by: N/A • Ryan Homes
Mls Name: Ryan Homes
Mls Provider:
Mls ID: #N/A