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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 9626 Evening Sky Way, Indianapolis, IN, 46239 listed at $357,600 pairs $2,927/mo rent with a $1,750/mo payment to leave $756/mo cash flow. Total monthly income runs $2,927/mo, and annual cash flow reaches $9,071/yr on $118,544 cash to close. Return on cash invested measures 27.56% in year one, and rental yield registers 9.82% at a $357,600 basis. Equity gained on principal adds $2,308/yr, and annual property appreciation at 5% supports $98,798 by year five. Five-year ROI tracks 143.7% and total cumulative return in cash totals $170,352. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,927/mo property income relative to a $1,750/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Home Type Unknown
Built in 2022
6,795 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 46239, Indianapolis, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,280 (100%) |
| Owner Occupied HU | 10,598 (79.8%) |
| Renter Occupied HU | 2,211 (16.6%) |
| Vacant Housing Units | 471 ( 3.5%) |
| Median Home Value | $295,205 |
| Average Home Value | $317,631 |
Residential
13,049
Single Family
12,683
Multi-Family
366
Businesses
556
Date | Event | Price |
|---|---|---|
| 2024-09-06 | Listing removed | $389,900 |
| 2024-08-01 | Listed for sale | $395,000 |
| 2022-08-29 | Sold | $365,554 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-28 | $3264.00 | N/A | $355,000 | 8.76% |
| 2023-10-28 | N/A | N/A | $326,400 | N/A |
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A
