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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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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 Indianapolis at 12003 Broadway St, Indianapolis, IN, 46236 offers a 10.98% rental yield on a $209,900 purchase with $1,920/mo rent. Total monthly income registers $1,920/mo, and a $1,027/mo payment leaves $660/mo available for distribution. Annual cash flow reaches $7,924/yr on $69,582 to close, and return on cash invested stands at 31.3% in year one. Equity gained on principal adds $1,354/yr while 5% annual appreciation supports $57,992 over five years. Portfolio math shows five-year ROI at 163.71% and total cumulative return in cash at $113,912. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,920/mo property income against a $1,027/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1890
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 46236, Indianapolis, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,680 (100%) |
| Owner Occupied HU | 9,177 (85.9%) |
| Renter Occupied HU | 1,122 (10.5%) |
| Vacant Housing Units | 381 ( 3.6%) |
| Median Home Value | $302,184 |
| Average Home Value | $341,808 |
Residential
10,445
Single Family
10,299
Multi-Family
146
Businesses
596
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: DaShawn Tharpe • BLK Key Realty
Mls Name: MIBOR as distributed by MLS GRID
Mls ID: #22059799
