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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 2138 Rossington Ln, Indianapolis, IN, 46229 listed at $240,000 pairs $2,003/mo rent with a $1,175/mo payment to leave $553/mo cash flow. Total monthly income runs $2,003/mo, and annual cash flow reaches $6,638/yr on $79,560 cash to close. Return on cash invested measures 28.25% in year one, and rental yield registers 10.02% at a $240,000 basis. Equity gained on principal adds $1,549/yr, and annual property appreciation at 5% supports $66,308 by year five. Five-year ROI tracks 147.44% and total cumulative return in cash totals $117,302. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,003/mo property income relative to a $1,175/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2012
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 46229, Indianapolis, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,954 (100%) |
| Owner Occupied HU | 6,415 (53.7%) |
| Renter Occupied HU | 4,840 (40.5%) |
| Vacant Housing Units | 699 ( 5.8%) |
| Median Home Value | $226,104 |
| Average Home Value | $283,888 |
Residential
11,928
Single Family
10,510
Multi-Family
1,418
Businesses
682
Date | Event | Price |
|---|---|---|
| 2025-05-23 | Listed for sale | $240,000 |
| 2012-07-30 | Sold | $98,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-05-24 | $2096.60 | 19.60% | $194,900 | 5.35% |
| 2023-05-24 | $1752.96 | 14.00% | $185,000 | 15.05% |
| 2022-05-24 | $1537.68 | 5.05% | $160,800 | 13.64% |
What's Special
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Listed by: Lakeshia Adkins • eXp Realty, LLC
Mls Name: MIBOR as distributed by MLS GRID
Mls Provider:
Mls ID: #22034284
Disclaimer: Based on information submitted to the MLS GRID as of 2025-05-24 08:12:54 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)
