4733 E 18th St, Indianapolis, IN, 46218 | $186/mo Cash Flow

Save Search

Filters Applied

EditEdit Filters

Filters Applied:

Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

EditEdit Filters

4733 E 18th St, Indianapolis, IN, 46218 | $186/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

3 Bed
2 Bath
1056 sft

6311 Beryl Rd, Indianapolis, IN, 46241

Investment Property+ 2 more

2 Bed
2 Bath
- sft

1719 N Livingston Ave, Indianapolis, IN, 46222

2 Bed
1 Bath
960 sft

2862 Collier St, Indianapolis, IN, 46241

3 Bed
2 Bath
1022 sft

8 Lake Hart, Mooresville, IN, 46158

Nearby investment properties with comparable prices

2 Bed
1 Bath
1546 sft

907 N Oxford St, Indianapolis, IN, 46201

3 Bed
1 Bath
1810 sft

1124 Groff Ave, Indianapolis, IN, 46222

2 Bed
1 Bath
1680 sft

3251 Mars Hill St, Indianapolis, IN, 46221

2 Bed
1 Bath
1056 sft

1235 N Grant Ave, Indianapolis, IN, 46201

Ziffy AI Summary

A quick, investor-focused snapshot highlighting income strength, yield potential.

Key metrics	Value
Price	$399,900
Est. Rent	$3,200/mo
ROI	18%

Attractive rent-to-price ratio for income stability
Good fit for DSCR financing with healthy coverage

Explore more listings using simple english

Investment Highlights

Investment property for sale in Indianapolis at 4733 E 18th St, Indianapolis, IN, 46218 earns $186/mo cash flow from $815/mo rent with a $513/mo payment. Total monthly income totals $815/mo, and annual cash flow totals $2,229/yr on $34,774 capital. ROI tracks 26.32% on current figures, and rental yield reads 9.32% at a $104,900 purchase. Equity gained on principal adds $677/yr, and 5% annual appreciation supports $28,982 over five years. Five-year ROI reaches 137.02% and total cumulative return in cash sums $47,646. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $815/mo property income instead of your personal income.

Single Family

Built in 1940

6,098 sqft lot

$N/A/sqft

No HOA

More details about the property

Charming Renovated Bungalow - Move-In Ready or Investment Opportunity! Welcome to 4733 E 18th Street - a thoughtfully updated 2-bedroom, 1-bath home offering comfort, convenience, and curb appeal on Indy's East Side. With 748 square feet of remodeled living space, this home is perfect for a first-time buyer, downsizer, or investor looking for a turnkey rental. Inside, you'll find fresh paint throughout, an updated kitchen with stylish finishes, and a modernized bathroom and laundry area - all designed for easy living. Outside, enjoy the freshly repainted front-porch and brand-new landscaping in the fully fenced front and backyard, ideal for relaxing or entertaining. Off-street parking adds everyday convenience. The home was previously rented for $975/month before any recent updates were completed - making it a strong addition to any portfolio with rental potential of ~$1050/mo. Don't miss this opportunity to own an affordable, move-in-ready property just minutes from downtown Indianapolis and Irvington amenities. **BONUS** With a suitable offer, the seller is willing to install a brand-new central AC system before closing.

Neighborhood Data

Neighborhood data shown for ZIP Code: 46218, Indianapolis, IN area.

Housing Distribution

Housing Statistics

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