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% |
Investment property for sale in Indianapolis at 5537 Kerns Ln, Indianapolis, IN, 46268 at $135,000 posts ROI 25.63% with $213/mo cash flow from $2,135/mo rent. Total monthly income equals $2,135/mo, and annual cash flow records $2,560/yr on $44,753 to close. Return on cash invested measures 25.63% and rental yield reads 18.98% at the current $135,000. Equity gained on principal adds $871/yr, and 5% annual appreciation supports $37,298 by year five. Five-year ROI prints 144.15% and total cumulative return in cash totals $64,513.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,135/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Condo
Built in 2001
3,049 sqft lot
$N/A/sqft
$1,111 monthly HOA
Neighborhood data shown for ZIP Code: 46268, Indianapolis, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,785 (100%) |
| Owner Occupied HU | 5,780 (45.2%) |
| Renter Occupied HU | 6,292 (49.2%) |
| Vacant Housing Units | 713 ( 5.6%) |
| Median Home Value | $245,536 |
| Average Home Value | $279,210 |
Residential
12,154
Single Family
8,633
Multi-Family
3,521
Businesses
1,956
Date | Event | Price |
|---|---|---|
| 2025-03-18 | Sold | $135,000 |
| 2025-03-04 | Pending sale | $145,000 |
| 2025-01-02 | Listed for sale | $145,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-26 | $549.22 | -7.30% | $115,800 | 3.86% |
| 2023-10-26 | $592.48 | -11.84% | $111,500 | 4.99% |
| 2022-10-26 | $672.04 | 2.00% | $106,200 | -21.68% |
Listed by: Ashley Klein • Realty World Indy
Mls Name: MIBOR as distributed by MLS GRID
Mls Provider:
Mls ID: #22016519
Disclaimer: Based on information submitted to the MLS GRID as of 2025-10-26 05:33:14 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. [Click here for more information](/mls-disclaimers/#48)
