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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% |
Rental property for sale in Indianapolis at 7045 Gavin Dr, Indianapolis, IN, 46217 priced at $180,800 pairs $1,790/mo rent with $453/mo cash flow after a $885/mo payment. Total monthly income equals $1,790/mo, and annual cash flow comes to $5,437/yr on $59,935 invested. Return on cash invested is 28.98% in year one, and rental yield stands at 11.88% on a $180,800 basis. Equity gained on principal adds $1,167/yr, and 5% annual appreciation accumulates to $49,952 by year five. Five-year ROI measures 153.15% and total cumulative return in cash reaches $91,792. For financing, Ziffy Mortgage’s DSCR program evaluates $1,790/mo property income against a $885/mo payment instead of your W2s, 1099s, or Tax returns.
Condo
Built in 2001
871 sqft lot
$N/A/sqft
$228 monthly HOA
Neighborhood data shown for ZIP Code: 46217, Indianapolis, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,196 (100%) |
| Owner Occupied HU | 9,776 (74.1%) |
| Renter Occupied HU | 2,911 (22.1%) |
| Vacant Housing Units | 509 ( 3.9%) |
| Median Home Value | $270,235 |
| Average Home Value | $283,488 |
Residential
13,204
Single Family
11,627
Multi-Family
1,577
Businesses
676
Date | Event | Price |
|---|---|---|
| 2025-10-10 | Listing removed | $185,000 |
| 2025-09-26 | Price change | $185,000 |
| 2025-09-11 | Price change | $190,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-20 | $1781.80 | 8.52% | $164,700 | 5.37% |
| 2023-10-20 | $1641.88 | 29.82% | $156,300 | 10.69% |
| 2022-10-20 | $1264.74 | 3.28% | $141,200 | 23.32% |
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A
