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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 2225 N Drexel Ave, Indianapolis, IN, 46218 uses $38,123 cash to close to unlock $2,562/yr annual cash flow and $214/mo monthly cash flow. Total monthly income runs $904/mo, and a $563/mo payment keeps the spread at $214/mo. Purchase price stands at $115,000, and rental yield measures 9.43% with $904/mo rent. Return on cash invested shows 26.63% in year one, and 5% annual appreciation builds toward $31,772 over five years. Five-year ROI reaches 138.68% and total cumulative return in cash records $52,869. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $904/mo property income covering a $563/mo payment rather than investor’s personal income.
Single Family
Built in 1962
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 46218, Indianapolis, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,771 (100%) |
| Owner Occupied HU | 5,612 (38.0%) |
| Renter Occupied HU | 6,950 (47.1%) |
| Vacant Housing Units | 2,209 (15.0%) |
| Median Home Value | $94,245 |
| Average Home Value | $146,693 |
Residential
13,220
Single Family
12,746
Multi-Family
474
Businesses
864
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: Sarah Taylor • Keller Williams Indy Metro S
Mls Name: MIBOR as distributed by MLS GRID
Mls ID: #22073583
