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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% |
Rental property for sale in Indianapolis at 1401 W 34th St, Indianapolis, IN, 46208 generates $1,410/mo in rent and, after a $695/mo payment, leaves $558/mo in cash flow. Total monthly income is $1,410/mo, and annual cash flow is $6,691/yr on $47,073 invested. Return on cash invested sits at 34.12% in year one, and rental yield is 11.92% on a $142,000 entry. Equity gained on principal adds $916/yr, while 5% annual appreciation builds toward $39,232 over five years. Five-year ROI reaches 178.83% and total cumulative return in cash sums $84,182. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,410/mo property income rather than buyer’s personal income.
Single Family
Built in 1930
3,920 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 46208, Indianapolis, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,258 (100%) |
| Owner Occupied HU | 4,075 (39.7%) |
| Renter Occupied HU | 4,483 (43.7%) |
| Vacant Housing Units | 1,700 (16.6%) |
| Median Home Value | $256,783 |
| Average Home Value | $310,376 |
Residential
9,990
Single Family
7,995
Multi-Family
1,995
Businesses
624
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: Cynthia Sosa • AMR Real Estate LLC
Mls Name: MIBOR as distributed by MLS GRID
Mls ID: #22035496
