








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Total monthly income runs $1,695/mo, and a $1,884/mo payment. Purchase price stands at $385,000, and rental yield measures 5.28% with $1,695/mo rent. Return on cash invested shows 10.28% in year one, and 5% annual appreciation builds toward $106,368 over five years. Five-year ROI reaches 52.39% and total cumulative return in cash records $66,862. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,695/mo property income covering a $1,884/mo payment rather than investor’s personal income.
Single Family
Built in 1885
4,356 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 |
|---|---|---|
| 2025-05-09 | Listed for sale | $385,000 |
| 2024-02-28 | Listing removed | N/A |
| 2024-02-08 | Price change | $2,800 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-05-11 | $8093.26 | -4.07% | $354,900 | 8.97% |
| 2023-05-11 | $8436.40 | 371.36% | $325,700 | -8.61% |
| 2022-05-11 | $1789.80 | 9.01% | $356,400 | 127.44% |



Listed by: Laura Waters • Highgarden Real Estate
Mls Name: MIBOR as distributed by MLS GRID
Mls Provider:
Mls ID: #22037393
Disclaimer: Based on information submitted to the MLS GRID as of 2025-05-11 07:42:54 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)