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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 7812 E Souter Dr, Indianapolis, IN, 46219 offers $1,456/mo rent that, after a $612/mo payment, leaves $682/mo cash flow. Total monthly income is $1,456/mo, and annual cash flow is $8,187/yr on $41,438 cash. Return on cash invested measures 39.67% in year one, and rental yield stands at 13.98% at a $125,000 entry. Equity gained on principal adds $807/yr while 5% annual appreciation compounds into $34,535 by year five. Five-year ROI records 208.9% and total cumulative return in cash reaches $86,561. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,456/mo property income versus a $612/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1959
7,187 sqft lot
$N/A/sqft
No 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 |
|---|---|---|
| 2024-12-13 | Sold | $125,000 |
| 2021-07-02 | Listing removed | N/A |
| 2021-06-21 | Listed for rent | $999 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-27 | $1316.46 | 7.02% | $61,200 | 10.27% |
| 2023-10-27 | $1230.08 | 13.45% | $55,500 | 6.53% |
| 2022-10-27 | $1084.24 | 183.77% | $52,100 | 10.85% |
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A
