








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 3611 N Sherman Dr, Indianapolis, IN, 46218 earns $270/mo cash flow from $1,620/mo rent with a $1,101/mo payment. Total monthly income totals $1,620/mo, and annual cash flow totals $3,237/yr on $74,554 capital. ROI tracks 24.25% on current figures, and rental yield reads 8.64% at a $224,900 purchase. Equity gained on principal adds $1,451/yr, and 5% annual appreciation supports $62,136 over five years. Five-year ROI reaches 125.89% and total cumulative return in cash sums $93,853. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,620/mo property income instead of your personal income.
Single Family
Built in 1940
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 46218, Indianapolis, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,771 (100%) |
| Owner Occupied HU | 5,612 (38.0%) |
| Renter Occupied HU | 6,950 (47.1%) |
| Vacant Housing Units | 2,209 (15.0%) |
| Median Home Value | $94,245 |
| Average Home Value | $146,693 |
Residential
13,220
Single Family
12,746
Multi-Family
474
Businesses
864
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: Julien Mills • Ocean Air Realty
Mls Name: MIBOR as distributed by MLS GRID
Mls ID: #22067729