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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 722 Weghorst St, Indianapolis, IN, 46203 offers $1,908/mo rent that, after a $1,072/mo payment, leaves $593/mo cash flow. Total monthly income is $1,908/mo, and annual cash flow is $7,119/yr on $72,599 cash. Return on cash invested measures 29.72% in year one, and rental yield stands at 10.45% at a $219,000 entry. Equity gained on principal adds $1,413/yr while 5% annual appreciation compounds into $60,506 by year five. Five-year ROI records 155.22% and total cumulative return in cash reaches $112,689. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,908/mo property income versus a $1,072/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1890
4,356 sqft 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 |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Lori Davis Smith • Highgarden Real Estate
Mls Name: MIBOR as distributed by MLS GRID
Mls ID: #22076649
