








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 8187 Frisco Way, Indianapolis, IN, 46240 at $269,000 posts ROI 21.87% with $146/mo cash flow from $2,465/mo rent. Total monthly income equals $2,465/mo, and annual cash flow records $1,750/yr on $89,174 to close. Return on cash invested measures 21.87% and rental yield reads 11% at the current $269,000. Equity gained on principal adds $1,736/yr, and 5% annual appreciation supports $74,320 by year five. Five-year ROI prints 116.56% and total cumulative return in cash totals $103,943.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,465/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1986
1,742 sqft lot
$N/A/sqft
$405 monthly 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 |
|---|---|---|
| 2024-12-12 | Sold | $269,000 |
| 2024-11-11 | Pending sale | $269,000 |
| 2024-11-10 | Listed for sale | $269,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-27 | $5819.86 | 8.16% | $215,500 | -6.02% |
| 2023-10-27 | $5380.68 | 11.96% | $229,300 | 9.35% |
| 2022-10-27 | $4805.70 | 1.35% | $209,700 | 14.47% |



What's Special
Access Only,Pull Down Stairs
Listed by: Kalliopi Nikou • @properties
Mls Name: MIBOR as distributed by MLS GRID
Mls Provider:
Mls ID: #22009566
Disclaimer: Based on information submitted to the MLS GRID as of 2025-10-27 05:22:58 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)