3719 Lima Ct, Indianapolis, IN, 46227 | $317/mo Cash Flow

Save Search

Filters Applied

EditEdit Filters

Filters Applied:

Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

EditEdit Filters

3719 Lima Ct, Indianapolis, IN, 46227 | $317/mo Cash Flow | Ziffy

For Sale

Fix & Flip

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

1 Bed
1 Bath
1500 sft

4170 Wilbur Rd, Martinsville, IN, 46151

2 Bed
2 Bath
456 sft

226 Lake Hart, Mooresville, IN, 46158

2 Bed
2 Bath
1088 sft

2826 Country Estates Dr, Indianapolis, IN, 46227

2 Bed
2 Bath
1538 sft

8901 Hunters Creek Dr APT 309, Indianapolis, IN, 46227

Nearby investment properties with comparable prices

4 Bed
1 Bath
1500 sft

1263 Barefoot Trl, Greenwood, IN, 46142

3 Bed
1 Bath
2023 sft

3885 Egbert Rd, Martinsville, IN, 46151

3 Bed
2 Bath
1356 sft

1660 S Harriet St, Martinsville, IN, 46151

3 Bed
2 Bath
1764 sft

37 Knox Ct, Mooresville, IN, 46158

Ziffy AI Summary

A quick, investor-focused snapshot highlighting income strength, yield potential.

Key metrics	Value
Price	$399,900
Est. Rent	$3,200/mo
ROI	18%

Attractive rent-to-price ratio for income stability
Good fit for DSCR financing with healthy coverage

Explore more listings using simple english

Investment Highlights

Investment property for sale in Indianapolis at 3719 Lima Ct, Indianapolis, IN, 46227 uses $49,692 cash to close to unlock $3,802/yr annual cash flow and $317/mo monthly cash flow. Total monthly income runs $1,217/mo, and a $734/mo payment keeps the spread at $317/mo. Purchase price stands at $149,900, and rental yield measures 9.74% with $1,217/mo rent. Return on cash invested shows 27.56% in year one, and 5% annual appreciation builds toward $41,415 over five years. Five-year ROI reaches 143.66% and total cumulative return in cash records $71,387. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,217/mo property income covering a $734/mo payment rather than investor’s personal income.

Condo

Built in 1984

1,742 sqft lot

$N/A/sqft

No HOA

More details about the property

Own for MUCH less than renting! This super cute 2bd, 1.5ba home offers 3 levels of living w/ room for everyone! Main level features updated kitchen w/ ceramic tile, pantry & pass thru window making it bright & open! Great room features laminate flooring. Breakfast area currently being used as main level bdrm area, please excuse! Primary bdrm w/ double closets, make-up/planning desk & private access to updated bathroom w/ tile floor. 2nd bdrm features huge closet! Basement has been fully finished into a huge rec room w/ built-in shelving, under stair storage, addt'l closet, office area & laundry room w/ cute sliding barn door! Recessed lighting thru out basement. Enjoy evenings on the large wood deck or toss a ball around in the large common area off the deck. HVAC less than 10 years old. Water heater 6 years old. Low monthly fee covers lawn care, snow removal & more! Home is sold as-is.

Neighborhood Data

Neighborhood data shown for ZIP Code: 46227, Indianapolis, IN area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	26,281 (100%)
Owner Occupied HU	11,170 (42.5%)
Renter Occupied HU	13,020 (49.5%)
Vacant Housing Units	2,091 ( 8.0%)
Median Home Value	$234,494
Average Home Value	$260,259