








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 5816 Spring Oaks Way, Indianapolis, IN, 46237 earns $491/mo cash flow from $2,262/mo rent with a $1,444/mo payment. Total monthly income totals $2,262/mo, and annual cash flow totals $5,892/yr on $97,793 capital. ROI tracks 25.93% on current figures, and rental yield reads 9.2% at a $295,000 purchase. Equity gained on principal adds $1,904/yr, and 5% annual appreciation supports $81,503 over five years. Five-year ROI reaches 134.96% and total cumulative return in cash sums $131,978. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,262/mo property income instead of your personal income.
Single Family
Built in 1992
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 46237, Indianapolis, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,819 (100%) |
| Owner Occupied HU | 11,929 (66.9%) |
| Renter Occupied HU | 5,146 (28.9%) |
| Vacant Housing Units | 744 ( 4.2%) |
| Median Home Value | $265,823 |
| Average Home Value | $289,079 |
Residential
18,118
Single Family
15,933
Multi-Family
2,185
Businesses
626
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: Laurie Brown • CENTURY 21 Scheetz
Mls Name: MIBOR as distributed by MLS GRID
Mls ID: #22067933