








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 1902 Koehne St, Indianapolis, IN, 46202 offers a 9.38% rental yield on a $129,900 purchase with $1,015/mo rent. Total monthly income registers $1,015/mo, and a $636/mo payment leaves $235/mo available for distribution. Annual cash flow reaches $2,820/yr on $43,062 to close, and return on cash invested stands at 26.46% in year one. Equity gained on principal adds $838/yr while 5% annual appreciation supports $35,889 over five years. Portfolio math shows five-year ROI at 137.85% and total cumulative return in cash at $59,359. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,015/mo property income against a $636/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1940
5,227 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 46202, Indianapolis, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,972 (100%) |
| Owner Occupied HU | 3,194 (22.9%) |
| Renter Occupied HU | 8,977 (64.2%) |
| Vacant Housing Units | 1,801 (12.9%) |
| Median Home Value | $408,240 |
| Average Home Value | $460,200 |
Residential
12,576
Single Family
6,063
Multi-Family
6,513
Businesses
1,266
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: Todd Bailey • Ever Real Estate, LLC
Mls Name: MIBOR as distributed by MLS GRID
Mls ID: #22054961