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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 2267 Rome Dr APT A, Indianapolis, IN, 46228 earns $593/mo cash flow from $1,644/mo rent with a $857/mo payment. Total monthly income totals $1,644/mo, and annual cash flow totals $7,116/yr on $58,013 capital. ROI tracks 32.18% on current figures, and rental yield reads 11.27% at a $175,000 purchase. Equity gained on principal adds $1,129/yr, and 5% annual appreciation supports $48,349 over five years. Five-year ROI reaches 168.49% and total cumulative return in cash sums $97,747. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,644/mo property income instead of your personal income.
Condo
Built in 1971
3,920 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 46228, Indianapolis, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,548 (100%) |
| Owner Occupied HU | 4,890 (74.7%) |
| Renter Occupied HU | 1,291 (19.7%) |
| Vacant Housing Units | 367 ( 5.6%) |
| Median Home Value | $280,470 |
| Average Home Value | $332,219 |
Residential
6,296
Single Family
5,768
Multi-Family
528
Businesses
87
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: Miranda Payne • Carpenter, REALTORS
Mls Name: MIBOR as distributed by MLS GRID
Mls ID: #22041738
