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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 Fishers at 13504 E 131st St, Fishers, IN, 46037 offers a 8.56% rental yield on a $299,900 purchase with $2,139/mo rent. Total monthly income registers $2,139/mo, and a $1,468/mo payment leaves $34/mo available for distribution. Annual cash flow reaches $403/yr on $99,417 to close, and return on cash invested stands at 20.31% in year one. Equity gained on principal adds $1,935/yr while 5% annual appreciation supports $82,857 over five years. Portfolio math shows five-year ROI at 106.13% and total cumulative return in cash at $105,508. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,139/mo property income against a $1,468/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 2005
196 sqft lot
$N/A/sqft
$305 monthly HOA
Date | Event | Price |
|---|---|---|
| 2025-03-10 | Listed for sale | $299,900 |
| 2025-01-25 | Listing removed | $299,900 |
| 2025-01-02 | Listed for sale | $299,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-03-12 | $2293.56 | -1.25% | $229,500 | 2.27% |
| 2023-03-12 | $2322.50 | 5.30% | $224,400 | 6.60% |
| 2022-03-12 | $2205.70 | 12.13% | $210,500 | 6.05% |
What's Special
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Listed by: Gene Tumbarello • F.C. Tucker Company
Mls Name: MIBOR as distributed by MLS GRID
Mls Provider:
Mls ID: #22025956
Disclaimer: Based on information submitted to the MLS GRID as of 2025-03-12 08:18:16 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)
