







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 4470 Village Ln APT 3, Indianapolis, IN, 46254 offers a 9.26% rental yield on a $135,000 purchase with $1,042/mo rent. 75% in year one. Equity gained on principal adds $871/yr while 5% annual appreciation supports $37,298 over five years. Portfolio math shows five-year ROI at 94.09% and total cumulative return in cash at $42,109. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,042/mo property income against a $661/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1987
2,178 sqft lot
$N/A/sqft
$312 monthly HOA
Neighborhood data shown for ZIP Code: 46254, Indianapolis, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,800 (100%) |
| Owner Occupied HU | 7,314 (41.1%) |
| Renter Occupied HU | 9,421 (52.9%) |
| Vacant Housing Units | 1,065 ( 6.0%) |
| Median Home Value | $222,429 |
| Average Home Value | $262,409 |
Residential
17,159
Single Family
12,864
Multi-Family
4,295
Businesses
847
Date | Event | Price |
|---|---|---|
| 2025-03-25 | Listed for sale | $135,000 |
| 2024-08-06 | Listing removed | N/A |
| 2024-07-13 | Price change | $1,099 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: Brian Diss • Wall and Associates
Mls Name: MIBOR as distributed by MLS GRID
Mls Provider:
Mls ID: #22028282
Disclaimer: Based on information submitted to the MLS GRID as of 2025-03-26 07:57:52 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)