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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 4620 Whitham Ln, Indianapolis, IN, 46237 priced at $324,900 pairs $2,262/mo rent with $290/mo cash flow after a $1,590/mo payment. Total monthly income equals $2,262/mo, and annual cash flow comes to $3,478/yr on $107,704 invested. Return on cash invested is 23.14% in year one, and rental yield stands at 8.35% on a $324,900 basis. Equity gained on principal adds $2,097/yr, and 5% annual appreciation accumulates to $89,764 by year five. Five-year ROI measures 120% and total cumulative return in cash reaches $129,245. For financing, Ziffy Mortgage’s DSCR program evaluates $2,262/mo property income against a $1,590/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2003
5,227 sqft lot
$N/A/sqft
$265 annually HOA
Neighborhood data shown for ZIP Code: 46237, Indianapolis, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,819 (100%) |
| Owner Occupied HU | 11,929 (66.9%) |
| Renter Occupied HU | 5,146 (28.9%) |
| Vacant Housing Units | 744 ( 4.2%) |
| Median Home Value | $265,823 |
| Average Home Value | $289,079 |
Residential
18,118
Single Family
15,933
Multi-Family
2,185
Businesses
626
Date | Event | Price |
|---|---|---|
| 2024-09-30 | Price change | $324,900 |
| 2024-09-03 | Listed for sale | $329,900 |
| 2022-04-14 | Sold | $300,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-15 | $1540.80 | -34.20% | $207,300 | 6.04% |
| 2022-10-15 | $2341.62 | 11.23% | $195,500 | 7.01% |
| 2021-10-15 | $2105.30 | 4.07% | $182,700 | 10.86% |
What's Special
Access Only
Listed by: Ray Stuck • HomeXpert, Ray Stuck & Co.
Mls Name: MIBOR as distributed by MLS GRID
Mls Provider:
Mls ID: #21999428
Disclaimer: Based on information submitted to the MLS GRID as of 2024-02-07 08:48:41 PST. 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](/info/mls-disclaimers/#mls_48)
