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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% |
Investment property for sale in Indianapolis at 4517 E 16th St, Indianapolis, IN, 46201 listed at $175,000 pairs $1,440/mo rent with a $857/mo payment to leave $389/mo cash flow. Total monthly income runs $1,440/mo, and annual cash flow reaches $4,668/yr on $58,013 cash to close. Return on cash invested measures 27.96% in year one, and rental yield registers 9.87% at a $175,000 basis. Equity gained on principal adds $1,129/yr, and annual property appreciation at 5% supports $48,349 by year five. Five-year ROI tracks 145.84% and total cumulative return in cash totals $84,607. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,440/mo property income relative to a $857/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1942
5,662 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 46201, Indianapolis, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,692 (100%) |
| Owner Occupied HU | 5,885 (37.5%) |
| Renter Occupied HU | 7,357 (46.9%) |
| Vacant Housing Units | 2,450 (15.6%) |
| Median Home Value | $171,197 |
| Average Home Value | $199,735 |
Residential
14,022
Single Family
13,239
Multi-Family
783
Businesses
626
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: John Vandersall • F.C. Tucker Company
Mls Name: MIBOR as distributed by MLS GRID
Mls ID: #22046496
