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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 7673 Lippincott Way, Indianapolis, IN, 46268 offers a 9.33% rental yield on a $269,900 purchase with $2,098/mo rent. Total monthly income registers $2,098/mo, and a $1,321/mo payment leaves $478/mo available for distribution. Annual cash flow reaches $5,734/yr on $89,472 to close, and return on cash invested stands at 26.32% in year one. Equity gained on principal adds $1,742/yr while 5% annual appreciation supports $74,568 over five years. Portfolio math shows five-year ROI at 136.96% and total cumulative return in cash at $122,538. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,098/mo property income against a $1,321/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1987
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 46268, Indianapolis, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,785 (100%) |
| Owner Occupied HU | 5,780 (45.2%) |
| Renter Occupied HU | 6,292 (49.2%) |
| Vacant Housing Units | 713 ( 5.6%) |
| Median Home Value | $245,536 |
| Average Home Value | $279,210 |
Residential
12,154
Single Family
8,633
Multi-Family
3,521
Businesses
1,956
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: Alfredo Diamond • Better Homes and Gardens First Realty Group
Mls Name: RLMS
Mls ID: #10052206
