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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 1660 Orchestra Way, Indianapolis, IN, 46231 offers a 10.08% rental yield on a $249,900 purchase with $2,100/mo rent. Total monthly income registers $2,100/mo, and a $1,223/mo payment leaves $600/mo available for distribution. Annual cash flow reaches $7,200/yr on $82,842 to close, and return on cash invested stands at 28.6% in year one. Equity gained on principal adds $1,613/yr while 5% annual appreciation supports $69,043 over five years. Portfolio math shows five-year ROI at 149.28% and total cumulative return in cash at $123,662. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,100/mo property income against a $1,223/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2002
6,969 sqft 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: Tyler Halcomb • Keller Williams Indy Metro S
Mls Name: MIBOR as distributed by MLS GRID
Mls ID: #22063654
