N Centennial StIndianapolisIN46222
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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 N Centennial St, Indianapolis, IN, 46222 offers $995/mo rent that, after a $612/mo payment, leaves $244/mo cash flow. Total monthly income is $995/mo, and annual cash flow is $2,934/yr on $41,434 cash. Return on cash invested measures 26.99% in year one, and rental yield stands at 9.55% at a $124,990 entry. Equity gained on principal adds $807/yr while 5% annual appreciation compounds into $34,532 by year five. Five-year ROI records 140.64% and total cumulative return in cash reaches $58,274. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $995/mo property income versus a $612/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1948
4,487 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46222, Indianapolis, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,412 (100%) |
| Owner Occupied HU | 5,545 (33.8%) |
| Renter Occupied HU | 8,728 (53.2%) |
| Vacant Housing Units | 2,139 (13.0%) |
| Median Home Value | $108,604 |
| Average Home Value | $188,902 |
Housing Distribution
Address Breakdown
Residential
14,755
Single Family
13,616
Multi-Family
1,139
Businesses
977
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Listed by: Steve Koleno • BEYCOME OF FLORIDA LLC
Mls Name: NY State MLS
Mls ID: #11632348