








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 4167 Apple Creek Dr, Indianapolis, IN, 46235 generates $1,980/mo in rent and, after a $1,101/mo payment, leaves $607/mo in cash flow. Total monthly income is $1,980/mo, and annual cash flow is $7,284/yr on $74,554 invested. Return on cash invested sits at 29.68% in year one, and rental yield is 10.56% on a $224,900 entry. Equity gained on principal adds $1,451/yr, while 5% annual appreciation builds toward $62,136 over five years. Five-year ROI reaches 155.1% and total cumulative return in cash sums $115,633. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,980/mo property income rather than buyer’s personal income.
Single Family
Built in 2007
5,662 sqft lot
$N/A/sqft
$273 annually HOA
Neighborhood data shown for ZIP Code: 46235, Indianapolis, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,400 (100%) |
| Owner Occupied HU | 6,701 (46.5%) |
| Renter Occupied HU | 6,414 (44.5%) |
| Vacant Housing Units | 1,285 ( 8.9%) |
| Median Home Value | $195,850 |
| Average Home Value | $228,932 |
Residential
13,799
Single Family
12,698
Multi-Family
1,101
Businesses
155
Date | Event | Price |
|---|---|---|
| 2025-05-30 | Listed for sale | $224,900 |
| 2007-04-27 | Sold | $115,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-06-01 | $1865.12 | 9.07% | $186,800 | 5.00% |
| 2023-06-01 | $1710.08 | 14.92% | $177,900 | 12.10% |
| 2022-06-01 | $1488.10 | 2.82% | $158,700 | 15.92% |



What's Special
Access Only
Listed by: Kevin Elson • eXp Realty LLC
Mls Name: MIBOR as distributed by MLS GRID
Mls Provider:
Mls ID: #22041959
Disclaimer: Based on information submitted to the MLS GRID as of 2025-06-01 08:18:00 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)