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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 Fishers at 9688 Alexander Ln, Fishers, IN, 46038 uses $76,212 cash to close to unlock $7,622/yr annual cash flow and $635/mo monthly cash flow. Total monthly income runs $2,040/mo, and a $1,125/mo payment keeps the spread at $635/mo. Purchase price stands at $229,900, and rental yield measures 10.65% with $2,040/mo rent. Return on cash invested shows 29.91% in year one, and 5% annual appreciation builds toward $63,517 over five years. Five-year ROI reaches 156.42% and total cumulative return in cash records $119,207. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,040/mo property income covering a $1,125/mo payment rather than investor’s personal income.
Single Family
Built in 1987
4,356 sqft lot
$N/A/sqft
$300 annually HOA
Neighborhood data shown for ZIP Code: 46038, Fishers, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,703 (100%) |
| Owner Occupied HU | 11,695 (66.1%) |
| Renter Occupied HU | 5,365 (30.3%) |
| Vacant Housing Units | 643 ( 3.6%) |
| Median Home Value | $349,324 |
| Average Home Value | $388,268 |
Residential
17,183
Single Family
15,385
Multi-Family
1,798
Businesses
1,622
Date | Event | Price |
|---|---|---|
| 2025-03-16 | Listed for sale | $229,900 |
| 2022-11-08 | Sold | $204,000 |
| 2022-10-18 | Pending sale | $204,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-03-18 | $1638.94 | 5.49% | $188,300 | 9.41% |
| 2023-03-18 | $1553.58 | -49.20% | $172,100 | 9.76% |
| 2022-03-18 | $3058.24 | 2.94% | $156,800 | 17.37% |
What's Special
Access Only
Listed by: R Scott Pallikan • Sunblest Realty
Mls Name: MIBOR as distributed by MLS GRID
Mls Provider:
Mls ID: #22027149
Disclaimer: Based on information submitted to the MLS GRID as of 2025-03-18 08:02:52 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)
