








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 5809 Hollister Dr, Indianapolis, IN, 46224 offers a 8.98% rental yield on a $260,000 purchase with $1,945/mo rent. Total monthly income registers $1,945/mo, and a $1,273/mo payment leaves $384/mo available for distribution. Annual cash flow reaches $4,606/yr on $86,190 to close, and return on cash invested stands at 25.25% in year one. Equity gained on principal adds $1,678/yr while 5% annual appreciation supports $71,833 over five years. Portfolio math shows five-year ROI at 131.26% and total cumulative return in cash at $113,129. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,945/mo property income against a $1,273/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1961
9,147 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 |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: Ashley Klein • Realty World Indy
Mls Name: MIBOR as distributed by MLS GRID
Mls ID: #22068777