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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 7450 Deville Ct, Indianapolis, IN, 46256 generates $2,467/mo in rent and, after a $1,407/mo payment, leaves $731/mo in cash flow. Total monthly income is $2,467/mo, and annual cash flow is $8,771/yr on $95,306 invested. Return on cash invested sits at 29.11% in year one, and rental yield is 10.3% on a $287,500 entry. Equity gained on principal adds $1,855/yr, while 5% annual appreciation builds toward $79,431 over five years. Five-year ROI reaches 151.99% and total cumulative return in cash sums $144,851. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,467/mo property income rather than buyer’s personal income.
Single Family
Built in 1994
5,227 sqft lot
$N/A/sqft
$125 annually HOA
Neighborhood data shown for ZIP Code: 46256, Indianapolis, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,441 (100%) |
| Owner Occupied HU | 7,189 (68.9%) |
| Renter Occupied HU | 2,590 (24.8%) |
| Vacant Housing Units | 662 ( 6.3%) |
| Median Home Value | $311,311 |
| Average Home Value | $355,792 |
Residential
10,126
Single Family
8,590
Multi-Family
1,536
Businesses
629
Date | Event | Price |
|---|---|---|
| 2025-08-15 | Listed for sale | $287,500 |
| 2025-07-23 | Listing removed | $287,500 |
| 2025-06-10 | Price change | $287,500 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-08-16 | $1974.30 | -19.11% | $247,000 | N/A |
| 2023-08-16 | $2440.62 | 15.37% | $247,000 | 11.41% |
| 2022-08-16 | $2115.42 | 13.70% | $221,700 | 14.75% |
What's Special
Pull Down Stairs
Listed by: Amy Barbar • F.C. Tucker Company
Mls Name: MIBOR as distributed by MLS GRID
Mls Provider:
Mls ID: #22032789
Disclaimer: Based on information submitted to the MLS GRID as of 2025-08-16 07:52:58 PDT. 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](/mls-disclaimers/#48)
