








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 5967 Peregrine Blvd, Indianapolis, IN, 46228 offers a 10.08% rental yield on a $250,000 purchase with $2,101/mo rent. Total monthly income registers $2,101/mo, and a $1,224/mo payment leaves $552/mo available for distribution. Annual cash flow reaches $6,619/yr on $82,875 to close, and return on cash invested stands at 27.9% in year one. Equity gained on principal adds $1,613/yr while 5% annual appreciation supports $69,070 over five years. Portfolio math shows five-year ROI at 145.71% and total cumulative return in cash at $120,754. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,101/mo property income against a $1,224/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1998
6,969 sqft lot
$N/A/sqft
$145 semi-annually HOA
Neighborhood data shown for ZIP Code: 46228, Indianapolis, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,548 (100%) |
| Owner Occupied HU | 4,890 (74.7%) |
| Renter Occupied HU | 1,291 (19.7%) |
| Vacant Housing Units | 367 ( 5.6%) |
| Median Home Value | $280,470 |
| Average Home Value | $332,219 |
Residential
6,296
Single Family
5,768
Multi-Family
528
Businesses
87
Date | Event | Price |
|---|---|---|
| 2025-08-19 | Sold | $250,000 |
| 2025-06-09 | Pending sale | $250,000 |
| 2025-06-06 | Listed for sale | $250,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-17 | $2364.98 | 22.41% | $222,200 | -6.05% |
| 2023-10-17 | $1932.00 | 20.98% | $236,500 | 22.41% |
| 2022-10-17 | $1596.98 | 13.34% | $193,200 | 20.98% |



Listed by: Angelica Brewer • @properties
Mls Name: MIBOR as distributed by MLS GRID
Mls Provider:
Mls ID: #22043592
Disclaimer: Based on information submitted to the MLS GRID as of 2025-10-16 22:48:09 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)