








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


Rental property for sale in Indianapolis at 206 W Southern Ave, Indianapolis, IN, 46225 priced at $260,400 converts $1,950/mo rent into $322/mo cash flow after a $1,275/mo obligation. Total monthly income equals $1,950/mo, and annual cash flow totals $3,861/yr on $86,323 invested. Return on cash invested prints 24.38% in year one, and rental yield reads 8.99% against a $260,400 entry. Equity gained on principal adds $1,680/yr, while 5% annual appreciation compiles into $71,944 by year five. Five-year ROI reaches 126.92% and total cumulative return in cash sums $109,559. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,950/mo property income covering a $1,275/mo payment, not borrower’s personal income.
Single Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 46225, Indianapolis, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,209 (100%) |
| Owner Occupied HU | 1,243 (38.7%) |
| Renter Occupied HU | 1,373 (42.8%) |
| Vacant Housing Units | 593 (18.5%) |
| Median Home Value | $163,267 |
| Average Home Value | $214,771 |
Residential
3,085
Single Family
2,661
Multi-Family
424
Businesses
504
Date | Event | Price |
|---|---|---|
| 2025-03-22 | Listing removed | $1,750 |
| 2025-03-07 | Listed for rent | $1,750 |
| 2025-01-27 | Listing removed | $255,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-26 | $2937.40 | 97.69% | $243,500 | -2.17% |
| 2023-10-26 | $1485.86 | -34.68% | $248,900 | 93.10% |
| 2022-10-26 | $2274.58 | 9.99% | $128,900 | 30.73% |



Listed by: N/A • N/A
Mls Name: Zillow Rentals
Mls ID: #N/A