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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 601 Weghorst St, Indianapolis, IN, 46203 listed at $379,300 pairs $3,019/mo rent with a $1,856/mo payment to leave $258/mo cash flow. Total monthly income runs $3,019/mo, and annual cash flow reaches $3,093/yr on $125,738 cash to close. Return on cash invested measures 22.37% in year one, and rental yield registers 9.55% at a $379,300 basis. Equity gained on principal adds $2,448/yr, and annual property appreciation at 5% supports $104,794 by year five. Five-year ROI tracks 117.46% and total cumulative return in cash totals $147,693. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,019/mo property income relative to a $1,856/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1880
N/A lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 46203, Indianapolis, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,183 (100%) |
| Owner Occupied HU | 8,432 (46.4%) |
| Renter Occupied HU | 7,696 (42.3%) |
| Vacant Housing Units | 2,055 (11.3%) |
| Median Home Value | $189,972 |
| Average Home Value | $247,147 |
Residential
16,323
Single Family
15,372
Multi-Family
951
Businesses
1,194
Date | Event | Price |
|---|---|---|
| 2025-01-21 | Listing removed | $1,800 |
| 2025-01-15 | Price change | $1,800 |
| 2024-11-27 | Listing removed | $330,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-26 | $8966.16 | 3.22% | $378,300 | 0.08% |
| 2023-10-26 | $8686.12 | 17.12% | $378,000 | 2.75% |
| 2022-10-26 | $7416.68 | 7.33% | $367,900 | 14.43% |
Listed by: N/A • N/A
Mls Name: Zillow Rentals
Mls ID: #N/A
