Parke Plan, GraysonIndianapolisIN46239
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 Parke Plan, Grayson, Indianapolis, IN, 46239 at $348,990 posts ROI 31.25% with $1,093/mo cash flow from $3,188/mo rent. Total monthly income equals $3,188/mo, and annual cash flow records $13,119/yr on $115,690 to close. Return on cash invested measures 31.25% and rental yield reads 10.96% at the current $348,990. Equity gained on principal adds $2,252/yr, and 5% annual appreciation supports $96,420 by year five. Five-year ROI prints 163.44% and total cumulative return in cash totals $189,081.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,188/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2026
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 |
Housing Distribution
Address Breakdown
Residential
13,049
Single Family
12,683
Multi-Family
366
Businesses
556
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Nearby investment properties with comparable prices
Listed by: N/A • M/I Homes
Mls Name: M/I Homes
Mls Provider:
Mls ID: #N/A