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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 1531 S Earl Ave, Indianapolis, IN, 46241 listed at $122,000 pairs $1,924/mo rent with a $597/mo payment to leave $1,115/mo cash flow. Total monthly income runs $1,924/mo, and annual cash flow reaches $13,383/yr on $40,443 cash to close. Return on cash invested measures 53% in year one, and rental yield registers 18.92% at a $122,000 basis. Equity gained on principal adds $787/yr, and annual property appreciation at 5% supports $33,706 by year five. Five-year ROI tracks 280.96% and total cumulative return in cash totals $113,627. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,924/mo property income relative to a $597/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1920
5,619 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 46241, Indianapolis, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,984 (100%) |
| Owner Occupied HU | 6,513 (50.2%) |
| Renter Occupied HU | 5,618 (43.3%) |
| Vacant Housing Units | 853 ( 6.6%) |
| Median Home Value | $120,161 |
| Average Home Value | $159,094 |
Residential
12,330
Single Family
12,112
Multi-Family
218
Businesses
1,348
Date | Event | Price |
|---|---|---|
| 2025-03-10 | Listing removed | $125,000 |
| 2025-02-27 | Price change | $125,000 |
| 2025-02-16 | Listed for sale | $132,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-28 | $1931.54 | 4.37% | $100,800 | 22.63% |
| 2023-10-28 | $1850.70 | -4.70% | $82,200 | 3.79% |
| 2022-10-28 | $1941.88 | 17.48% | $79,200 | 8.94% |
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A
