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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 6611 Parker Ln, Indianapolis, IN, 46220 uses $74,554 cash to close to unlock $1,929/yr annual cash flow and $161/mo monthly cash flow. Total monthly income runs $1,511/mo, and a $1,101/mo payment keeps the spread at $161/mo. Purchase price stands at $224,900, and rental yield measures 8.06% with $1,511/mo rent. Return on cash invested shows 22.5% in year one, and 5% annual appreciation builds toward $62,136 over five years. Five-year ROI reaches 116.49% and total cumulative return in cash records $86,845. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,511/mo property income covering a $1,101/mo payment rather than investor’s personal income.
Single Family
Built in 1954
0.35 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 46220, Indianapolis, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,578 (100%) |
| Owner Occupied HU | 10,835 (58.3%) |
| Renter Occupied HU | 6,609 (35.6%) |
| Vacant Housing Units | 1,134 ( 6.1%) |
| Median Home Value | $353,955 |
| Average Home Value | $402,384 |
Residential
17,664
Single Family
14,977
Multi-Family
2,687
Businesses
1,730
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: Natalie Clayton • Maywright Property Co.
Mls Name: MIBOR as distributed by MLS GRID
Mls ID: #22065315
