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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 8602 Frontgate Ln, Indianapolis, IN, 46256 earns from $2,760/mo rent with a $6,847/mo payment. Total monthly income totals $2,760/mo. ROI tracks 5.45% on current figures, and rental yield reads 2.37% at a $1,399,000 purchase. Equity gained on principal adds $9,028/yr, and 5% annual appreciation supports $386,518 over five years. Five-year ROI reaches 24.93% and total cumulative return in cash sums $113,021. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,760/mo property income instead of your personal income.
Single Family
Built in 1960
2.34 Acres lot
$N/A/sqft
No 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 |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Fred Nelson • CENTURY 21 Scheetz
Mls Name: MIBOR as distributed by MLS GRID
Mls ID: #22019212
