








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 4029 Byram Ave, Indianapolis, IN, 46208 priced at $196,000 converts $1,805/mo rent into $547/mo cash flow after a $959/mo obligation. Total monthly income equals $1,805/mo, and annual cash flow totals $6,561/yr on $64,974 invested. Return on cash invested prints 30.01% in year one, and rental yield reads 11.05% against a $196,000 entry. Equity gained on principal adds $1,265/yr, while 5% annual appreciation compiles into $54,151 by year five. Five-year ROI reaches 157.3% and total cumulative return in cash sums $102,204. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,805/mo property income covering a $959/mo payment, not borrower’s personal income.
Single Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 46208, Indianapolis, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,258 (100%) |
| Owner Occupied HU | 4,075 (39.7%) |
| Renter Occupied HU | 4,483 (43.7%) |
| Vacant Housing Units | 1,700 (16.6%) |
| Median Home Value | $256,783 |
| Average Home Value | $310,376 |
Residential
9,990
Single Family
7,995
Multi-Family
1,995
Businesses
624
Date | Event | Price |
|---|---|---|
| 2025-06-27 | Listing removed | $1,700 |
| 2025-05-30 | Price change | $1,700 |
| 2025-04-22 | Listed for rent | $1,800 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-26 | $2610.80 | 8.96% | $202,100 | -9.05% |
| 2023-10-26 | $2396.06 | 177.26% | $222,200 | 9.19% |
| 2022-10-26 | $864.20 | -55.73% | $203,500 | 111.98% |



Listed by: N/A • N/A
Mls Name: Zillow Rentals
Mls ID: #N/A