Hulman 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
Investment property for sale in Indianapolis at Hulman Plan, Belmont, Indianapolis, IN, 46237 at $296,990 posts ROI 22.31% with $197/mo cash flow from $1,980/mo rent. Total monthly income equals $1,980/mo, and annual cash flow records $2,362/yr on $98,452 to close. Return on cash invested measures 22.31% and rental yield reads 8% at the current $296,990. Equity gained on principal adds $1,916/yr, and 5% annual appreciation supports $82,053 by year five. Five-year ROI prints 115.45% and total cumulative return in cash totals $113,667.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,980/mo property income rather than your personal income records (W2s, Paystubs, and 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
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Mls ID: #N/A