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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 924 N Devon Ave, Indianapolis, IN, 46219 earns $283/mo cash flow from $1,352/mo rent with a $857/mo payment. Total monthly income totals $1,352/mo, and annual cash flow totals $3,395/yr on $58,013 capital. ROI tracks 25.76% on current figures, and rental yield reads 9.27% at a $175,000 purchase. Equity gained on principal adds $1,129/yr, and 5% annual appreciation supports $48,349 over five years. Five-year ROI reaches 134.09% and total cumulative return in cash sums $77,791. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,352/mo property income instead of your personal income.
Single Family
Built in 1953
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 46219, Indianapolis, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,635 (100%) |
| Owner Occupied HU | 8,859 (53.3%) |
| Renter Occupied HU | 6,462 (38.8%) |
| Vacant Housing Units | 1,314 ( 7.9%) |
| Median Home Value | $207,615 |
| Average Home Value | $227,043 |
Residential
16,059
Single Family
14,379
Multi-Family
1,680
Businesses
1,295
Date | Event | Price |
|---|---|---|
| 2025-05-30 | Listed for sale | $175,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-06-02 | $1670.36 | 11.62% | $141,500 | -3.94% |
| 2023-06-02 | $1496.44 | 12.09% | $147,300 | 8.23% |
| 2022-06-02 | $1335.00 | 19.45% | $136,100 | 12.11% |
Listed by: Kelly Huff • F.C. Tucker Company
Mls Name: MIBOR as distributed by MLS GRID
Mls Provider:
Mls ID: #22040164
Disclaimer: Based on information submitted to the MLS GRID as of 2025-06-02 08:07:54 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)
