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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 2119 Lawrence Ave, Indianapolis, IN, 46227 offers a 8.29% rental yield on a $261,500 purchase with $1,806/mo rent. Total monthly income registers $1,806/mo, and a $1,280/mo payment leaves $236/mo available for distribution. Annual cash flow reaches $2,834/yr on $86,687 to close, and return on cash invested stands at 23.18% in year one. Equity gained on principal adds $1,687/yr while 5% annual appreciation supports $72,248 over five years. Portfolio math shows five-year ROI at 120.17% and total cumulative return in cash at $104,168. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,806/mo property income against a $1,280/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1961
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 46227, Indianapolis, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 26,281 (100%) |
| Owner Occupied HU | 11,170 (42.5%) |
| Renter Occupied HU | 13,020 (49.5%) |
| Vacant Housing Units | 2,091 ( 8.0%) |
| Median Home Value | $234,494 |
| Average Home Value | $260,259 |
Residential
25,018
Single Family
19,504
Multi-Family
5,514
Businesses
1,399
Date | Event | Price |
|---|---|---|
| 2025-09-03 | Listing removed | $265,000 |
| 2025-08-27 | Price change | $265,000 |
| 2025-08-18 | Price change | $269,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-30 | $877.74 | 1.99% | $231,300 | 9.72% |
| 2023-10-30 | $860.58 | 1.97% | $210,800 | 6.52% |
| 2022-10-30 | $843.94 | 1.99% | $197,900 | 18.01% |
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A
