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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 230 E 9th St APT 108, Indianapolis, IN, 46204 uses $40,708 cash to close to unlock $3,769/yr annual cash flow and $314/mo monthly cash flow. Total monthly income runs $1,409/mo, and a $601/mo payment keeps the spread at $314/mo. Purchase price stands at $122,800, and rental yield measures 13.77% with $1,409/mo rent. Return on cash invested shows 29.17% in year one, and 5% annual appreciation builds toward $33,927 over five years. Five-year ROI reaches 156.17% and total cumulative return in cash records $63,574. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,409/mo property income covering a $601/mo payment rather than investor’s personal income.
Apartment
Built in 1907
200 sqft lot
$N/A/sqft
$200 monthly HOA
Neighborhood data shown for ZIP Code: 46204, Indianapolis, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,493 (100%) |
| Owner Occupied HU | 856 (11.4%) |
| Renter Occupied HU | 5,147 (68.7%) |
| Vacant Housing Units | 1,490 (19.9%) |
| Median Home Value | $396,246 |
| Average Home Value | $473,876 |
Residential
6,496
Single Family
1,022
Multi-Family
5,474
Businesses
1,767
Date | Event | Price |
|---|---|---|
| 2025-06-04 | Listing removed | $120,000 |
| 2025-02-07 | Price change | $120,000 |
| 2024-11-22 | Price change | $125,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-26 | $2912.80 | 4.91% | $122,800 | N/A |
| 2023-10-26 | $2776.52 | 11.65% | $122,800 | 4.42% |
| 2022-10-26 | $2486.82 | -2.46% | $117,600 | 9.09% |
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A
