Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
Loading Maps & Overview...
Loading Calculator...
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 1209 S State Ave, Indianapolis, IN, 46203 with 5% annual appreciation on a $308,800 basis while $1,514/mo rent supports operations. Equity gained on principal adds $1,993/yr, and five-year appreciation sums $85,316 alongside rental yield of 5.88%. Five-year ROI measures 66.62% and total cumulative return in cash totals $68,199. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,514/mo property income versus a $1,511/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1910
6,926 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 46203, Indianapolis, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,183 (100%) |
| Owner Occupied HU | 8,432 (46.4%) |
| Renter Occupied HU | 7,696 (42.3%) |
| Vacant Housing Units | 2,055 (11.3%) |
| Median Home Value | $189,972 |
| Average Home Value | $247,147 |
Residential
16,323
Single Family
15,372
Multi-Family
951
Businesses
1,194
Date | Event | Price |
|---|---|---|
| 2025-04-08 | Listing removed | $345,000 |
| 2025-03-21 | Price change | $345,000 |
| 2024-10-07 | Listed for sale | $355,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-26 | $5567.06 | 47.19% | $234,700 | N/A |
| 2023-10-26 | $3782.32 | 18.04% | $234,700 | 46.50% |
| 2022-10-26 | $3204.26 | 312.26% | $160,200 | 15.33% |
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A
