








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 7692 Harbour Isle, Indianapolis, IN, 46240 listed at $299,000 pairs $2,464/mo rent with a $1,463/mo payment to leave $670/mo cash flow. Total monthly income runs $2,464/mo, and annual cash flow reaches $8,035/yr on $99,119 cash to close. Return on cash invested measures 28.02% in year one, and rental yield registers 9.89% at a $299,000 basis. Equity gained on principal adds $1,929/yr, and annual property appreciation at 5% supports $82,608 by year five. Five-year ROI tracks 146.07% and total cumulative return in cash totals $144,778. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,464/mo property income relative to a $1,463/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1984
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 46240, Indianapolis, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,313 (100%) |
| Owner Occupied HU | 4,833 (39.3%) |
| Renter Occupied HU | 5,655 (45.9%) |
| Vacant Housing Units | 1,825 (14.8%) |
| Median Home Value | $355,378 |
| Average Home Value | $432,769 |
Residential
11,010
Single Family
6,951
Multi-Family
4,059
Businesses
1,461
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: Courtney Seghetti • Court Realty
Mls Name: MIBOR as distributed by MLS GRID
Mls ID: #22064654