








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 4905 Flame Way, Indianapolis, IN, 46254 listed at $328,000 pairs $2,286/mo rent with a $1,605/mo payment to leave $317/mo cash flow. Total monthly income runs $2,286/mo, and annual cash flow reaches $3,810/yr on $108,732 cash to close. Return on cash invested measures 23.41% in year one, and rental yield registers 8.36% at a $328,000 basis. Equity gained on principal adds $2,117/yr, and annual property appreciation at 5% supports $90,620 by year five. Five-year ROI tracks 121.41% and total cumulative return in cash totals $132,007. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,286/mo property income relative to a $1,605/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1998
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 46254, Indianapolis, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,800 (100%) |
| Owner Occupied HU | 7,314 (41.1%) |
| Renter Occupied HU | 9,421 (52.9%) |
| Vacant Housing Units | 1,065 ( 6.0%) |
| Median Home Value | $222,429 |
| Average Home Value | $262,409 |
Residential
17,159
Single Family
12,864
Multi-Family
4,295
Businesses
847
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: Shelby Farrar • Opendoor Brokerage LLC
Mls Name: MIBOR as distributed by MLS GRID
Mls ID: #22066599