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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 1353 New Field Ln, Indianapolis, IN, 46231 listed at $179,900 pairs $1,385/mo rent with a $881/mo payment to leave $305/mo cash flow. Total monthly income runs $1,385/mo, and annual cash flow reaches $3,655/yr on $59,637 cash to close. Return on cash invested measures 26.04% in year one, and rental yield registers 9.24% at a $179,900 basis. Equity gained on principal adds $1,161/yr, and annual property appreciation at 5% supports $49,703 by year five. Five-year ROI tracks 135.5% and total cumulative return in cash totals $80,805. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,385/mo property income relative to a $881/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1981
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 46231, Indianapolis, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,085 (100%) |
| Owner Occupied HU | 2,961 (72.5%) |
| Renter Occupied HU | 1,002 (24.5%) |
| Vacant Housing Units | 122 ( 3.0%) |
| Median Home Value | $225,853 |
| Average Home Value | $255,165 |
Residential
3,748
Single Family
3,617
Multi-Family
131
Businesses
191
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: Harvir Kaur • eXp Realty, LLC
Mls Name: MIBOR as distributed by MLS GRID
Mls ID: #22065351
