Legacy 1843 Plan, Highlands at Grassy Creek, Indianapolis, IN, 46239 | $790/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Indianapolis at Legacy 1843 Plan, Highlands at Grassy Creek, Indianapolis, IN, 46239 listed at $303,000 pairs $2,609/mo rent with a $1,483/mo payment to leave $790/mo cash flow. Total monthly income runs $2,609/mo, and annual cash flow reaches $9,482/yr on $100,445 cash to close. Return on cash invested measures 29.35% in year one, and rental yield registers 10.33% at a $303,000 basis. Equity gained on principal adds $1,955/yr, and annual property appreciation at 5% supports $83,713 by year five. Five-year ROI tracks 153.26% and total cumulative return in cash totals $153,942. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,609/mo property income relative to a $1,483/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: 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