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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 8208 E 48th St, Indianapolis, IN, 46226 uses $54,664 cash to close to unlock $2,451/yr annual cash flow and $204/mo monthly cash flow. Total monthly income runs $1,194/mo, and a $807/mo payment keeps the spread at $204/mo. Purchase price stands at $164,900, and rental yield measures 8.69% with $1,194/mo rent. Return on cash invested shows 24.39% in year one, and 5% annual appreciation builds toward $45,559 over five years. Five-year ROI reaches 126.71% and total cumulative return in cash records $69,268. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,194/mo property income covering a $807/mo payment rather than investor’s personal income.
Single Family
Built in 1951
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 46226, Indianapolis, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,362 (100%) |
| Owner Occupied HU | 8,396 (43.4%) |
| Renter Occupied HU | 8,850 (45.7%) |
| Vacant Housing Units | 2,116 (10.9%) |
| Median Home Value | $173,352 |
| Average Home Value | $236,703 |
Residential
18,209
Single Family
15,840
Multi-Family
2,369
Businesses
1,060
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: Maher Batarseh • F.C. Tucker Company
Mls Name: MIBOR as distributed by MLS GRID
Mls ID: #22056224
