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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 7652 Justin Ln, Indianapolis, IN, 46219 with 5% annual appreciation on a $192,500 basis while $1,117/mo rent supports operations. 38% in year one. Equity gained on principal adds $1,242/yr, and five-year appreciation sums $53,184 alongside rental yield of 6.96%. Five-year ROI measures 89.73% and total cumulative return in cash totals $57,257. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,117/mo property income versus a $942/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Condo
Built in 1989
4,356 sqft lot
$N/A/sqft
$1,155 annually HOA
Neighborhood data shown for ZIP Code: 46219, Indianapolis, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,635 (100%) |
| Owner Occupied HU | 8,859 (53.3%) |
| Renter Occupied HU | 6,462 (38.8%) |
| Vacant Housing Units | 1,314 ( 7.9%) |
| Median Home Value | $207,615 |
| Average Home Value | $227,043 |
Residential
16,059
Single Family
14,379
Multi-Family
1,680
Businesses
1,295
Date | Event | Price |
|---|---|---|
| 2025-03-17 | Price change | $192,500 |
| 2024-12-13 | Listed for sale | $175,000 |
| 2020-01-29 | Sold | $75,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-03-19 | $707.66 | 9.37% | $84,700 | N/A |
| 2022-03-19 | $647.06 | 25.24% | $84,700 | 7.90% |
| 2021-03-19 | $516.66 | -1.56% | $78,500 | 5.94% |
Listed by: Neil Tremblett • F.C. Tucker Company
Mls Name: MIBOR as distributed by MLS GRID
Mls Provider:
Mls ID: #22027212
Disclaimer: Based on information submitted to the MLS GRID as of 2025-03-19 08:07:51 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)
