








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 5110 W 10th St, Indianapolis, IN, 46224 uses $77,869 cash to close to unlock $2,168/yr annual cash flow and $181/mo monthly cash flow. Total monthly income runs $1,591/mo, and a $1,150/mo payment keeps the spread at $181/mo. Purchase price stands at $234,900, and rental yield measures 8.13% with $1,591/mo rent. Return on cash invested shows 22.69% in year one, and 5% annual appreciation builds toward $64,899 over five years. Five-year ROI reaches 117.55% and total cumulative return in cash records $91,533. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,591/mo property income covering a $1,150/mo payment rather than investor’s personal income.
Single Family
Built in 1949
5,662 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 46224, Indianapolis, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,718 (100%) |
| Owner Occupied HU | 5,314 (31.8%) |
| Renter Occupied HU | 10,069 (60.2%) |
| Vacant Housing Units | 1,335 ( 8.0%) |
| Median Home Value | $219,316 |
| Average Home Value | $244,925 |
Residential
15,453
Single Family
12,751
Multi-Family
2,702
Businesses
670
Date | Event | Price |
|---|---|---|
| 2025-03-30 | Pending sale | $234,900 |
| 2025-03-26 | Price change | $234,900 |
| 2025-03-13 | Price change | $248,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-03-30 | $1776.66 | 81.73% | $165,000 | 14.27% |
| 2022-03-30 | $977.64 | 18.16% | $144,400 | 46.60% |
| 2021-03-30 | $827.40 | 7.27% | $98,500 | 9.08% |



Listed by: Brian Lunsford • RE/MAX Advanced Realty
Mls Name: IRMLS
Mls Provider:
Mls ID: #202510297
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.