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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% |
Rental property for sale in Indianapolis at 2114 N Dexter St, Indianapolis, IN, 46202 priced at $215,000 converts $1,457/mo rent into $167/mo cash flow after a $1,052/mo obligation. Total monthly income equals $1,457/mo, and annual cash flow totals $2,001/yr on $71,273 invested. Return on cash invested prints 22.72% in year one, and rental yield reads 8.13% against a $215,000 entry. Equity gained on principal adds $1,387/yr, while 5% annual appreciation compiles into $59,401 by year five. Five-year ROI reaches 117.66% and total cumulative return in cash sums $83,857. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,457/mo property income covering a $1,052/mo payment, not borrower’s personal income.
Single Family
Built in 2009
4,791 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: Autumn Sojka • Heroes Property Group
Mls Name: MIBOR as distributed by MLS GRID
Mls ID: #22069700
