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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% |
Total monthly income runs $2,262/mo, and a $2,936/mo payment. Purchase price stands at $599,900, and rental yield measures 4.52% with $2,262/mo rent. Return on cash invested shows 10.7% in year one, and 5% annual appreciation builds toward $165,741 over five years. Five-year ROI reaches 53.66% and total cumulative return in cash records $105,904. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,262/mo property income covering a $2,936/mo payment rather than investor’s personal income.
Single Family
Built in 2024
7,405 sqft lot
$N/A/sqft
$600 quarterly 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 |
|---|---|---|
| 2024-03-27 | Listed for sale | $599,900 |
| 2019-09-16 | Sold | $37,400 |
| 2019-08-29 | Pending sale | $39,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-15 | $1855.14 | -5.83% | $67,800 | N/A |
| 2022-10-15 | $1970.00 | -1.30% | $67,800 | N/A |
| 2021-10-15 | $1995.96 | N/A | $67,800 | N/A |
Listed by: Christine Pratt • CENTURY 21 Scheetz
Mls Name: MIBOR as distributed by MLS GRID
Mls Provider:
Mls ID: #21970591
Disclaimer: Based on information submitted to the MLS GRID as of 2024-02-07 08:48:41 PST. 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](/info/mls-disclaimers/#mls_48)
