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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 2609 Mars Hill St, Indianapolis, IN, 46241 uses $59,339 cash to close to unlock $2,011/yr annual cash flow and $168/mo monthly cash flow. Total monthly income runs $1,242/mo, and a $876/mo payment keeps the spread at $168/mo. Purchase price stands at $179,000, and rental yield measures 8.33% with $1,242/mo rent. Return on cash invested shows 23.3% in year one, and 5% annual appreciation builds toward $49,454 over five years. Five-year ROI reaches 120.78% and total cumulative return in cash records $71,667. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,242/mo property income covering a $876/mo payment rather than investor’s personal income.
Single Family
Built in 1961
5,227 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 46241, Indianapolis, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,984 (100%) |
| Owner Occupied HU | 6,513 (50.2%) |
| Renter Occupied HU | 5,618 (43.3%) |
| Vacant Housing Units | 853 ( 6.6%) |
| Median Home Value | $120,161 |
| Average Home Value | $159,094 |
Residential
12,330
Single Family
12,112
Multi-Family
218
Businesses
1,348
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: Mabel Herrera • White Stag Realty, LLC
Mls Name: MIBOR as distributed by MLS GRID
Mls ID: #22067887
