








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Investment property for sale in Fishers at 11821 Bills Ave, Fishers, IN, 46038 earns $279/mo cash flow from $2,520/mo rent with a $1,762/mo payment. Total monthly income totals $2,520/mo, and annual cash flow totals $3,349/yr on $119,340 capital. ROI tracks 22.72% on current figures, and rental yield reads 8.4% at a $360,000 purchase. Equity gained on principal adds $2,323/yr, and 5% annual appreciation supports $99,461 over five years. Five-year ROI reaches 117.97% and total cumulative return in cash sums $140,781. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,520/mo property income instead of your personal income.
Single Family
Built in 2005
0.26 Acres lot
$N/A/sqft
$58 monthly HOA
Neighborhood data shown for ZIP Code: 46038, Fishers, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,703 (100%) |
| Owner Occupied HU | 11,695 (66.1%) |
| Renter Occupied HU | 5,365 (30.3%) |
| Vacant Housing Units | 643 ( 3.6%) |
| Median Home Value | $349,324 |
| Average Home Value | $388,268 |
Residential
17,183
Single Family
15,385
Multi-Family
1,798
Businesses
1,622
Date | Event | Price |
|---|---|---|
| 2025-05-02 | Listed for sale | $360,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-05-03 | $3251.80 | -0.80% | $310,400 | 4.13% |
| 2023-05-03 | $3277.92 | 20.38% | $298,100 | 7.54% |
| 2022-05-03 | $2722.96 | 3.69% | $277,200 | 20.68% |



What's Special
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Listed by: Heather Roudebush • eXp Realty, LLC
Mls Name: MIBOR as distributed by MLS GRID
Mls Provider:
Mls ID: #22036371
Disclaimer: Based on information submitted to the MLS GRID as of 2025-05-03 07:32:44 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. [Click here for more information](/mls-disclaimers/#48)