Washington Plan, PenningtonIndianapolisIN46235
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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
Investment property for sale in Indianapolis at Washington Plan, Pennington, Indianapolis, IN, 46235 uses $102,099 cash to close to unlock $12,440/yr annual cash flow and $1,037/mo monthly cash flow. Total monthly income runs $2,885/mo, and a $1,507/mo payment keeps the spread at $1,037/mo. Purchase price stands at $307,990, and rental yield measures 11.24% with $2,885/mo rent. Return on cash invested shows 32.09% in year one, and 5% annual appreciation builds toward $85,092 over five years. Five-year ROI reaches 167.94% and total cumulative return in cash records $171,468. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,885/mo property income covering a $1,507/mo payment rather than investor’s personal income.
Single Family
Built in 2026
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46235, Indianapolis, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,400 (100%) |
| Owner Occupied HU | 6,701 (46.5%) |
| Renter Occupied HU | 6,414 (44.5%) |
| Vacant Housing Units | 1,285 ( 8.9%) |
| Median Home Value | $195,850 |
| Average Home Value | $228,932 |
Housing Distribution
Address Breakdown
Residential
13,799
Single Family
12,698
Multi-Family
1,101
Businesses
155
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Listed by: N/A • Davis Homes
Mls Name: Davis Homes
Mls Provider:
Mls ID: #N/A