








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


Rental property for sale in Carmel at 11833 Hoster Rd, Carmel, IN, 46033 generates $2,820/mo in rent and, after a $1,908/mo payment, leaves $480/mo in cash flow. Total monthly income is $2,820/mo, and annual cash flow is $5,758/yr on $129,252 invested. Return on cash invested sits at 24.36% in year one, and rental yield is 8.68% on a $389,900 entry. Equity gained on principal adds $2,516/yr, while 5% annual appreciation builds toward $107,722 over five years. Five-year ROI reaches 126.49% and total cumulative return in cash sums $163,489. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,820/mo property income rather than buyer’s personal income.
Single Family
Built in 1959
0.63 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 46033, Carmel, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,917 (100%) |
| Owner Occupied HU | 12,869 (86.3%) |
| Renter Occupied HU | 1,667 (11.2%) |
| Vacant Housing Units | 381 ( 2.6%) |
| Median Home Value | $493,077 |
| Average Home Value | $583,511 |
Residential
14,650
Single Family
14,251
Multi-Family
399
Businesses
255
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: Joseph Horan • Redfin Corporation
Mls Name: MIBOR as distributed by MLS GRID
Mls ID: #22071513