Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
Loading Maps & Overview...
Loading Calculator...
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 1739 Wellesley Cmns BUILDING 48A, Indianapolis, IN, 46219 offers a 7.06% rental yield on a $189,900 purchase with $1,117/mo rent. 71% in year one. Equity gained on principal adds $1,225/yr while 5% annual appreciation supports $52,466 over five years. Portfolio math shows five-year ROI at 76.5% and total cumulative return in cash at $48,161. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,117/mo property income against a $929/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1991
N/A lot
$N/A/sqft
$250 monthly HOA
Neighborhood data shown for ZIP Code: 46219, Indianapolis, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,635 (100%) |
| Owner Occupied HU | 8,859 (53.3%) |
| Renter Occupied HU | 6,462 (38.8%) |
| Vacant Housing Units | 1,314 ( 7.9%) |
| Median Home Value | $207,615 |
| Average Home Value | $227,043 |
Residential
16,059
Single Family
14,379
Multi-Family
1,680
Businesses
1,295
Date | Event | Price |
|---|---|---|
| 2025-04-10 | Listed for sale | $189,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
What's Special
Pull Down Stairs
Listed by: Russell Burk • RE/MAX Advanced Realty
Mls Name: MIBOR as distributed by MLS GRID
Mls Provider:
Mls ID: #22029788
Disclaimer: Based on information submitted to the MLS GRID as of 2025-04-11 07:42:47 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)
