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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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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 5561 Lippan Way, Indianapolis, IN, 46221 offers a 10.54% rental yield on a $220,000 purchase with $1,932/mo rent. Total monthly income registers $1,932/mo, and a $1,077/mo payment leaves $611/mo available for distribution. Annual cash flow reaches $7,334/yr on $72,930 to close, and return on cash invested stands at 29.97% in year one. Equity gained on principal adds $1,420/yr while 5% annual appreciation supports $60,782 over five years. Portfolio math shows five-year ROI at 156.59% and total cumulative return in cash at $114,203. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,932/mo property income against a $1,077/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1998
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 46221, Indianapolis, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,205 (100%) |
| Owner Occupied HU | 6,485 (57.9%) |
| Renter Occupied HU | 3,906 (34.9%) |
| Vacant Housing Units | 814 ( 7.3%) |
| Median Home Value | $209,976 |
| Average Home Value | $214,246 |
Residential
10,643
Single Family
10,523
Multi-Family
120
Businesses
359
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: #22071510
