Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
Loading Maps & Overview...
Loading Calculator...
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 4706 E 21st St, Indianapolis, IN, 46218 generates $1,620/mo in rent and, after a $807/mo payment, leaves $630/mo in cash flow. Total monthly income is $1,620/mo, and annual cash flow is $7,563/yr on $54,664 invested. Return on cash invested sits at 33.74% in year one, and rental yield is 11.79% on a $164,900 entry. Equity gained on principal adds $1,064/yr, while 5% annual appreciation builds toward $45,559 over five years. Five-year ROI reaches 176.85% and total cumulative return in cash sums $96,676. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,620/mo property income rather than buyer’s personal income.
Single Family
Built in 1971
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 46218, Indianapolis, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,771 (100%) |
| Owner Occupied HU | 5,612 (38.0%) |
| Renter Occupied HU | 6,950 (47.1%) |
| Vacant Housing Units | 2,209 (15.0%) |
| Median Home Value | $94,245 |
| Average Home Value | $146,693 |
Residential
13,220
Single Family
12,746
Multi-Family
474
Businesses
864
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: Gregory Hillman • Carpenter, REALTORS
Mls Name: MIBOR as distributed by MLS GRID
Mls ID: #22067202
