








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 8218 San Carlos Ct, Indianapolis, IN, 46256 priced at $319,900 pairs $2,467/mo rent with $520/mo cash flow after a $1,566/mo payment. Total monthly income equals $2,467/mo, and annual cash flow comes to $6,235/yr on $106,047 invested. Return on cash invested is 25.79% in year one, and rental yield stands at 9.25% on a $319,900 basis. Equity gained on principal adds $2,064/yr, and 5% annual appreciation accumulates to $88,382 by year five. Five-year ROI measures 134.25% and total cumulative return in cash reaches $142,364. For financing, Ziffy Mortgage’s DSCR program evaluates $2,467/mo property income against a $1,566/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1984
0.31 Acres lot
$N/A/sqft
$150 annually HOA
Neighborhood data shown for ZIP Code: 46256, Indianapolis, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,441 (100%) |
| Owner Occupied HU | 7,189 (68.9%) |
| Renter Occupied HU | 2,590 (24.8%) |
| Vacant Housing Units | 662 ( 6.3%) |
| Median Home Value | $311,311 |
| Average Home Value | $355,792 |
Residential
10,126
Single Family
8,590
Multi-Family
1,536
Businesses
629
Date | Event | Price |
|---|---|---|
| 2025-05-15 | Listed for sale | $319,900 |
| 2025-05-13 | Listing removed | $335,000 |
| 2025-05-05 | Price change | $335,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-05-17 | $2828.66 | 39.35% | $283,000 | 8.68% |
| 2023-05-17 | $2029.84 | 6.96% | $260,400 | 40.76% |
| 2022-05-17 | $1897.84 | -50.65% | $185,000 | 8.06% |



What's Special
Access Only
Listed by: Jeanne Morton • CENTURY 21 Scheetz
Mls Name: MIBOR as distributed by MLS GRID
Mls Provider:
Mls ID: #22038718
Disclaimer: Based on information submitted to the MLS GRID as of 2025-05-17 08:33:08 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)