Oakmont Plan, Grant's CornerIndianapolisIN46229
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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 Oakmont Plan, Grant's Corner, Indianapolis, IN, 46229 offers $2,765/mo rent that, after a $1,917/mo payment, leaves $414/mo cash flow. Total monthly income is $2,765/mo, and annual cash flow is $4,968/yr on $129,815 cash. Return on cash invested measures 23.74% in year one, and rental yield stands at 8.47% at a $391,600 entry. Equity gained on principal adds $2,527/yr while 5% annual appreciation compounds into $108,192 by year five. Five-year ROI records 123.12% and total cumulative return in cash reaches $159,823. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,765/mo property income versus a $1,917/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46229, Indianapolis, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,954 (100%) |
| Owner Occupied HU | 6,415 (53.7%) |
| Renter Occupied HU | 4,840 (40.5%) |
| Vacant Housing Units | 699 ( 5.8%) |
| Median Home Value | $226,104 |
| Average Home Value | $283,888 |
Housing Distribution
Address Breakdown
Residential
11,928
Single Family
10,510
Multi-Family
1,418
Businesses
682
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Listed by: Zach Banks • Olthof Homes
Mls Name: Olthof Homes
Mls Provider:
Mls ID: #N/A