Tannin with Terrace Plan, The Townes at Kennedy-King, Indianapolis, IN, 46202 | $615/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

3 Bed
2 Bath
2237 sft

730 Colonial Way, Greenwood, IN, 46142

4 Bed
3 Bath
2316 sft

839 Fernwood Ct, Indianapolis, IN, 46234

3 Bed
3 Bath
2073 sft

780 Wheat Field Ln, New Whiteland, IN, 46184

3 Bed
2 Bath
1448 sft

4143 E 61st St, Indianapolis, IN, 46220

Nearby investment properties with comparable prices

3 Bed
2 Bath
1370 sft

100 E Lincoln St, Plainfield, IN, 46168

$ 278,500

ROI

Cash Flow/m

2 Bed
2 Bath
1412 sft

18394 Piers End Dr, Noblesville, IN, 46062

3 Bed
4 Bath
1980 sft

1110 Lexington Ave, Indianapolis, IN, 46203

3 Bed
2 Bath
1350 sft

200 Mission Terrace Dr, Whiteland, IN, 46184

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

Explore more listings using simple english

Investment Highlights

Investment property for sale in Indianapolis at Tannin with Terrace Plan, The Townes at Kennedy-King, Indianapolis, IN, 46202 with 5% annual appreciation on a $327,600 basis while $2,681/mo rent supports operations. Total monthly income totals $2,681/mo and a $1,603/mo payment preserves $615/mo for cash returns. Annual cash flow comes to $7,379/yr on $108,599 deployed, and return on cash invested reaches 26.7% in year one. Equity gained on principal adds $2,114/yr, and five-year appreciation sums $90,510 alongside rental yield of 9.82%. Five-year ROI measures 139.43% and total cumulative return in cash totals $151,417.

Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,681/mo property income versus a $1,603/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.

Townhouse

Built in 2024

N/A lot

$N/A/sqft

$100 monthly 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