Ironwood Plan, Edgebrook PreserveIndianapolisIN46259
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Ironwood Plan, Edgebrook Preserve, Indianapolis, IN, 46259 listed at $297,995 pairs $2,752/mo rent with a $1,459/mo payment to leave $963/mo cash flow. Total monthly income runs $2,752/mo, and annual cash flow reaches $11,553/yr on $98,785 cash to close. Return on cash invested measures 31.6% in year one, and rental yield registers 11.08% at a $297,995 basis. Equity gained on principal adds $1,923/yr, and annual property appreciation at 5% supports $82,331 by year five. Five-year ROI tracks 165.31% and total cumulative return in cash totals $163,302. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,752/mo property income relative to a $1,459/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2024
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Have Questions? • Arbor Homes
Mls Name: Arbor Homes
Mls Provider:
Mls ID: #N/A