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Indianapolis, IN 46214
  • 3 Beds
  • 2 Baths
  • 2,520 Sq. Ft
  • Built In 1961
Sold
$107,000
Est. Rent

$1,270 /mo

Financial Performance

Gross Yield

14.24%

based on an annual rent of $15,240.00 divided by the offer price of $107,000.00.

Net Yield

9.27%

based on a yearly adjusted income of $14,020.80 minus the total annual expense of $4,098.64 divided by the offer price of $107,000.00.

Cash Flow

$9,922

based on a yearly adjusted income of $14,020.80 minus the total annual expense of $4,098.64 and yearly mortgage expense.

Home Details

RECENT PRICE REDUCTION!!! This 3 bed /2 bath home was recently renovated and offers nearly 2520 sf of finished living area on a 14549 sf lot. This home offers a quality residence rarely seen at this price point. It is also perfectly suited as a long-term investment property with market rents supporting attractive gross yields. If you a looking for a property with cash flow potential, this is it! Act fast before it is off the market. Some other notable highlights to consider: this property is located 8.5 miles from City Market, Indianapolis and has been recently renovated. Listing Broker and Seller assume no responsibility and make no guarantees, representations, warranties (express, implied or otherwise) as to the availability or accuracy of information contained herein. Cash or Cash equivalent offer preferred. Schedule showing by visiting Showings.com or calling 317-955-5555. Offers and inquiries must be submitted directly to InvestabilityOffers@altisource.com. Additional information can be obtained by calling 855-239-3652.
Features

  • listed date Listed Date: July 7, 2016
  • year built Year built: 1961
  • square footage SqFt: 2,520
  • price per square foot Price/SqFt: $42
  • bedrooms Bed: 3
  • bathrooms Bath: 2
  • property type Type:   Single Family
  • county County: Marion
  • Listing ID: 21429807
Indianapolis, IN 46214
  • 3 Beds
  • 2 Baths
  • 2,520 Sq. Ft
  • Built In 1961
Sold
$107,000
Est. Rent

$1,270 /mo

Gross Yield

14.24%

based on an annual rent of $15,240.00 divided by the offer price of $107,000.00.

Net Yield

9.27%

based on a yearly adjusted income of $14,020.80 minus the total annual expense of $4,098.64 divided by the offer price of $107,000.00.

Cash Flow

$9,922

based on a yearly adjusted income of $14,020.80 minus the total annual expense of $4,098.64 and yearly mortgage expense.

Home Details

RECENT PRICE REDUCTION!!! This 3 bed /2 bath home was recently renovated and offers nearly 2520 sf of finished living area on a 14549 sf lot. This home offers a quality residence rarely seen at this price point. It is also perfectly suited as a long-term investment property with market rents supporting attractive gross yields. If you a looking for a property with cash flow potential, this is it! Act fast before it is off the market. Some other notable highlights to consider: this property is located 8.5 miles from City Market, Indianapolis and has been recently renovated. Listing Broker and Seller assume no responsibility and make no guarantees, representations, warranties (express, implied or otherwise) as to the availability or accuracy of information contained herein. Cash or Cash equivalent offer preferred. Schedule showing by visiting Showings.com or calling 317-955-5555. Offers and inquiries must be submitted directly to InvestabilityOffers@altisource.com. Additional information can be obtained by calling 855-239-3652.
Features

  • listed date Listed Date: July 7, 2016
  • property type Type:   Single Family
  • year built Year built: 1961
  • square footage SqFt: 2,520
  • price per square foot Price/SqFt: $42
  • bedrooms Bed: 3
  • bathrooms Bath: 2
  • county County: Marion
  • Listing ID: 21429807
Documents

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