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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% |
Total monthly income runs $1,752/mo, and a $3,059/mo payment. Purchase price stands at $625,000, and rental yield measures 3.36% with $1,752/mo rent. Return on cash invested shows 3.72% in year one, and 5% annual appreciation builds toward $172,676 over five years. Five-year ROI reaches 17.46% and total cumulative return in cash records $35,893. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,752/mo property income covering a $3,059/mo payment rather than investor’s personal income.
Condo
Built in 2006
871.20 sqft lot
$N/A/sqft
$800 monthly HOA
Neighborhood data shown for ZIP Code: 46202, Indianapolis, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,972 (100%) |
| Owner Occupied HU | 3,194 (22.9%) |
| Renter Occupied HU | 8,977 (64.2%) |
| Vacant Housing Units | 1,801 (12.9%) |
| Median Home Value | $408,240 |
| Average Home Value | $460,200 |
Residential
12,576
Single Family
6,063
Multi-Family
6,513
Businesses
1,266
Date | Event | Price |
|---|---|---|
| 2025-03-13 | Listed for sale | $625,000 |
| 2019-09-10 | Sold | $408,000 |
| 2017-04-27 | Sold | $380,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Jenni Bliss McMillion • @properties
Mls Name: MIBOR as distributed by MLS GRID
Mls Provider:
Mls ID: #22024268
Disclaimer: Based on information submitted to the MLS GRID as of 2025-03-14 07:53:17 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)
