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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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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 421 1/2 Massachusetts Ave APT A, Indianapolis, IN, 46204 generates $1,925/mo in rent and, after a $1,199/mo payment, leaves $455/mo in cash flow. Total monthly income is $1,925/mo, and annual cash flow is $5,455/yr on $81,184 invested. Return on cash invested sits at 26.63% in year one, and rental yield is 9.43% on a $244,900 entry. Equity gained on principal adds $1,580/yr, while 5% annual appreciation builds toward $67,661 over five years. Five-year ROI reaches 138.64% and total cumulative return in cash sums $112,553. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,925/mo property income rather than buyer’s personal income.
Condo
Built in 1900
N/A lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 46204, Indianapolis, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,493 (100%) |
| Owner Occupied HU | 856 (11.4%) |
| Renter Occupied HU | 5,147 (68.7%) |
| Vacant Housing Units | 1,490 (19.9%) |
| Median Home Value | $396,246 |
| Average Home Value | $473,876 |
Residential
6,496
Single Family
1,022
Multi-Family
5,474
Businesses
1,767
Date | Event | Price |
|---|---|---|
| 2024-09-25 | Listing removed | $299,000 |
| 2024-05-01 | Price change | $299,000 |
| 2024-04-18 | Price change | $310,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A
