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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 611 N Park Ave APT 510, Indianapolis, IN, 46204 earns $303/mo cash flow from $2,946/mo rent with a $1,780/mo payment. Total monthly income totals $2,946/mo, and annual cash flow totals $3,637/yr on $120,567 capital. ROI tracks 22.93% on current figures, and rental yield reads 9.72% at a $363,700 purchase. Equity gained on principal adds $2,347/yr, and 5% annual appreciation supports $100,484 over five years. Five-year ROI reaches 120.47% and total cumulative return in cash sums $145,243. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,946/mo property income instead of your personal income.
Condo
Built in 1926
871 sqft lot
$N/A/sqft
$378 monthly HOA
Neighborhood data shown for ZIP Code: 46204, Indianapolis, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,493 (100%) |
| Owner Occupied HU | 856 (11.4%) |
| Renter Occupied HU | 5,147 (68.7%) |
| Vacant Housing Units | 1,490 (19.9%) |
| Median Home Value | $396,246 |
| Average Home Value | $473,876 |
Residential
6,496
Single Family
1,022
Multi-Family
5,474
Businesses
1,767
Date | Event | Price |
|---|---|---|
| 2024-10-30 | Listing removed | $370,000 |
| 2024-10-03 | Listed for sale | $370,000 |
| 2024-09-25 | Listing removed | $370,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-26 | $3999.12 | -3.30% | $335,100 | -0.18% |
| 2023-10-26 | $4135.68 | 8.34% | $335,700 | -2.53% |
| 2022-10-26 | $3817.36 | -1.31% | $344,400 | 5.48% |
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A
