Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
Loading Maps & Overview...
Loading Calculator...
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Carmel at 30 W Main St #3D, Carmel, IN, 46032 priced at $1,525,000 converts $2,160/mo rent into after a $7,464/mo obligation. Total monthly income equals $2,160/mo. Return on cash invested prints 2.21% in year one, and rental yield reads 1.7% against a $1,525,000 entry. Equity gained on principal adds $9,841/yr, while 5% annual appreciation compiles into $421,329 by year five. Five-year ROI reaches 7.99% and total cumulative return in cash sums $39,456. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,160/mo property income covering a $7,464/mo payment, not borrower’s personal income.
Condo
Built in 2007
N/A lot
$N/A/sqft
$485 monthly HOA
Neighborhood data shown for ZIP Code: 46032, Carmel, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,816 (100%) |
| Owner Occupied HU | 13,773 (57.8%) |
| Renter Occupied HU | 8,288 (34.8%) |
| Vacant Housing Units | 1,755 ( 7.4%) |
| Median Home Value | $512,292 |
| Average Home Value | $642,862 |
Residential
21,546
Single Family
16,806
Multi-Family
4,740
Businesses
2,596
Date | Event | Price |
|---|---|---|
| 2025-03-13 | Listed for sale | $1,525,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-03-14 | $10251.36 | -3.38% | $479,000 | -5.80% |
| 2023-03-14 | $10610.02 | 18.59% | $508,500 | -1.15% |
| 2022-03-14 | $8946.56 | -0.01% | $514,400 | N/A |
Listed by: Heather Kemper • Trueblood Real Estate
Mls Name: MIBOR as distributed by MLS GRID
Mls Provider:
Mls ID: #22026447
Disclaimer: Based on information submitted to the MLS GRID as of 2025-03-14 07:48:16 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. [Click here for more information](/mls-disclaimers/#48)
