Hinkle Plan, BelmontIndianapolisIN46237
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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 Hinkle Plan, Belmont, Indianapolis, IN, 46237 priced at $311,990 pairs $2,448/mo rent with $575/mo cash flow after a $1,527/mo payment. Total monthly income equals $2,448/mo, and annual cash flow comes to $6,903/yr on $103,425 invested. Return on cash invested is 26.58% in year one, and rental yield stands at 9.42% on a $311,990 basis. Equity gained on principal adds $2,013/yr, and 5% annual appreciation accumulates to $86,197 by year five. Five-year ROI measures 138.42% and total cumulative return in cash reaches $143,156. For financing, Ziffy Mortgage’s DSCR program evaluates $2,448/mo property income against a $1,527/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46237, Indianapolis, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,819 (100%) |
| Owner Occupied HU | 11,929 (66.9%) |
| Renter Occupied HU | 5,146 (28.9%) |
| Vacant Housing Units | 744 ( 4.2%) |
| Median Home Value | $265,823 |
| Average Home Value | $289,079 |
Housing Distribution
Address Breakdown
Residential
18,118
Single Family
15,933
Multi-Family
2,185
Businesses
626
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Listed by: N/A • M/I Homes
Mls Name: M/I Homes
Mls Provider:
Mls ID: #N/A