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 Indianapolis at 34 N Devon Ave, Indianapolis, IN, 46219 priced at $114,000 converts $865/mo rent into $181/mo cash flow after a $558/mo obligation. Total monthly income equals $865/mo, and annual cash flow totals $2,168/yr on $37,791 invested. Return on cash invested prints 25.65% in year one, and rental yield reads 9.11% against a $114,000 entry. Equity gained on principal adds $736/yr, while 5% annual appreciation compiles into $31,496 by year five. Five-year ROI reaches 133.42% and total cumulative return in cash sums $50,419. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $865/mo property income covering a $558/mo payment, not borrower’s personal income.
Single Family
Built in 1952
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 46219, Indianapolis, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,635 (100%) |
| Owner Occupied HU | 8,859 (53.3%) |
| Renter Occupied HU | 6,462 (38.8%) |
| Vacant Housing Units | 1,314 ( 7.9%) |
| Median Home Value | $207,615 |
| Average Home Value | $227,043 |
Residential
16,059
Single Family
14,379
Multi-Family
1,680
Businesses
1,295
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: Carol Sargent-Trimpe • Maximum Results Real Estate
Mls Name: MIBOR as distributed by MLS GRID
Mls ID: #22074580
