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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 4653 N Illinois St, Indianapolis, IN, 46208 generates $2,322/mo in rent and, after a $1,786/mo payment, leaves $131/mo in cash flow. Total monthly income is $2,322/mo, and annual cash flow is $1,578/yr on $120,998 invested. Return on cash invested sits at 21.21% in year one, and rental yield is 7.63% on a $365,000 entry. Equity gained on principal adds $2,355/yr, while 5% annual appreciation builds toward $100,843 over five years. Five-year ROI reaches 109.6% and total cumulative return in cash sums $132,607. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,322/mo property income rather than buyer’s personal income.
Single Family
Built in 1938
9,147 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 46208, Indianapolis, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,258 (100%) |
| Owner Occupied HU | 4,075 (39.7%) |
| Renter Occupied HU | 4,483 (43.7%) |
| Vacant Housing Units | 1,700 (16.6%) |
| Median Home Value | $256,783 |
| Average Home Value | $310,376 |
Residential
9,990
Single Family
7,995
Multi-Family
1,995
Businesses
624
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: Brian Maire • United Real Estate Indpls
Mls Name: MIBOR as distributed by MLS GRID
Mls ID: #22075962
