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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 9063 Rigging Ct, Indianapolis, IN, 46256 generates $3,012/mo in rent and, after a $1,982/mo payment, leaves $581/mo in cash flow. Total monthly income is $3,012/mo, and annual cash flow is $6,973/yr on $134,258 invested. Return on cash invested sits at 25.1% in year one, and rental yield is 8.92% on a $405,000 entry. Equity gained on principal adds $2,613/yr, while 5% annual appreciation builds toward $111,894 over five years. Five-year ROI reaches 130.47% and total cumulative return in cash sums $175,166. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,012/mo property income rather than buyer’s personal income.
Single Family
Built in 1989
0.49 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: Kyle Kellam • Maywright Property Co.
Mls Name: MIBOR as distributed by MLS GRID
Mls ID: #22060701
