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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 234 N Reisner St, Indianapolis, IN, 46222 with 5% annual appreciation on a $149,900 basis while $834/mo rent supports operations. 31% in year one. Equity gained on principal adds $967/yr, and five-year appreciation sums $41,415 alongside rental yield of 6.68%. Five-year ROI measures 94.03% and total cumulative return in cash totals $46,727. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $834/mo property income versus a $734/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1910
3,920 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 46222, Indianapolis, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,412 (100%) |
| Owner Occupied HU | 5,545 (33.8%) |
| Renter Occupied HU | 8,728 (53.2%) |
| Vacant Housing Units | 2,139 (13.0%) |
| Median Home Value | $108,604 |
| Average Home Value | $188,902 |
Residential
14,755
Single Family
13,616
Multi-Family
1,139
Businesses
977
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: Ray Podesta • Stone & Gable Realty
Mls Name: MIBOR as distributed by MLS GRID
Mls ID: #22070018
