Nouveau English Plan, NouveauIndianapolisIN46202
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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 Nouveau English Plan, Nouveau, Indianapolis, IN, 46202 priced at $534,900 converts $3,131/mo rent into after a $2,618/mo obligation. Total monthly income equals $3,131/mo. Return on cash invested prints 19.52% in year one, and rental yield reads 7.02% against a $534,900 entry. Equity gained on principal adds $3,452/yr, while 5% annual appreciation compiles into $147,783 by year five. Five-year ROI reaches 100.47% and total cumulative return in cash sums $176,817. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,131/mo property income covering a $2,618/mo payment, not borrower’s personal income.
Townhouse
Built in 2024
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46202, Indianapolis, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,972 (100%) |
| Owner Occupied HU | 3,194 (22.9%) |
| Renter Occupied HU | 8,977 (64.2%) |
| Vacant Housing Units | 1,801 (12.9%) |
| Median Home Value | $408,240 |
| Average Home Value | $460,200 |
Housing Distribution
Address Breakdown
Residential
12,576
Single Family
6,063
Multi-Family
6,513
Businesses
1,266
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Listed by: N/A • Onyx+East
Mls Name: Onyx + East
Mls Provider:
Mls ID: #N/A