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 5014 Aspen Crest Ln, Indianapolis, IN, 46254 priced at $229,900 converts $1,932/mo rent into $552/mo cash flow after a $1,125/mo obligation. Total monthly income equals $1,932/mo, and annual cash flow totals $6,626/yr on $76,212 invested. Return on cash invested prints 28.6% in year one, and rental yield reads 10.08% against a $229,900 entry. Equity gained on principal adds $1,484/yr, while 5% annual appreciation compiles into $63,517 by year five. Five-year ROI reaches 149.28% and total cumulative return in cash sums $113,771. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,932/mo property income covering a $1,125/mo payment, not borrower’s personal income.
Single Family
Built in 1994
6,273 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 |
|---|---|---|
| 2025-04-05 | Listed for sale | $229,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-04-06 | $1787.02 | 26.83% | $207,200 | 15.95% |
| 2022-04-06 | $1408.98 | N/A | $178,700 | 26.83% |
| 2021-04-06 | $1408.98 | 8.61% | $140,900 | N/A |
Listed by: Tammy Evans • Brixton Realty
Mls Name: SIRA
Mls Provider:
Mls ID: #202507042
Disclaimer: IDX information is provided exclusively for consumers personal, noncommercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing data is deemed reliable but is not guaranteed accurate by the SIRA MLS.
