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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 Carmel at 12820 University Cres APT 3D, Carmel, IN, 46032 earns $487/mo cash flow from $2,659/mo rent with a $1,370/mo payment. Total monthly income totals $2,659/mo, and annual cash flow totals $5,842/yr on $92,820 capital. ROI tracks 26.2% on current figures, and rental yield reads 11.4% at a $279,999 purchase. Equity gained on principal adds $1,807/yr, and 5% annual appreciation supports $77,359 over five years. Five-year ROI reaches 138.64% and total cumulative return in cash sums $128,684. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,659/mo property income instead of your personal income.
Condo
Built in 2002
N/A lot
$N/A/sqft
$374 monthly HOA
Neighborhood data shown for ZIP Code: 46032, Carmel, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,816 (100%) |
| Owner Occupied HU | 13,773 (57.8%) |
| Renter Occupied HU | 8,288 (34.8%) |
| Vacant Housing Units | 1,755 ( 7.4%) |
| Median Home Value | $512,292 |
| Average Home Value | $642,862 |
Residential
21,546
Single Family
16,806
Multi-Family
4,740
Businesses
2,596
Date | Event | Price |
|---|---|---|
| 2025-04-19 | Listed for sale | $279,999 |
| 2024-10-28 | Listing removed | $2,000 |
| 2024-09-26 | Price change | $2,100 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-22 | $3737.66 | 13.40% | $219,400 | 18.34% |
| 2023-04-22 | $3296.04 | 15.84% | $185,400 | 16.02% |
| 2022-04-22 | $2845.40 | 9.82% | $159,800 | 16.39% |
Listed by: Ken B. Stuff • F.C. Tucker Company
Mls Name: MIBOR as distributed by MLS GRID
Mls Provider:
Mls ID: #22033546
Disclaimer: Based on information submitted to the MLS GRID as of 2025-04-22 08:12:53 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)
