1 (855) 239-3652
Exclusive Listing Indianapolis, IN 46208
  • 4 Beds
  • 2 Baths
  • 1,536 Sq. Ft
  • Built In 1920
Active
$40,000
Current Rent
$675 /mo
  • Currently Cash-Flowing
  • • Institutionally Renovated and Maintained
  • • Professionally Screened Tenant

Financial Performance

Gross Yield

20.25%

based on an annual rent of $8,100.00 divided by the offer price of $40,000.00.

Net Yield

14.35%

based on a yearly adjusted income of $7,751.70 minus the total annual expense of $2,013.07 divided by the offer price of $40,000.00.

Cash Flow

$5,739

based on a yearly adjusted income of $7,751.70 minus the total annual expense of $2,013.07 and yearly mortgage expense.

Home Details

4 bedroom, 2 bathroom single family property, 1536 sqft built in 1920. Current lease at $675 expires on 05/11/2017. 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, curb offers only, do not disturb tenants. Offers must be submitted directly to InvestabilityOffers@altisource.com. This is part of a bulk sale of a Seasoned, Performing, SFR Income-producing portfolio(s). Additional information can be obtained by calling 855-239-3652.
Features

  • listed date Listed Date: March 10, 2017
  • year built Year built: 1920
  • square footage SqFt: 1,536
  • price per square foot Price/SqFt: 26
  • bedrooms Bed: 4
  • bathrooms Bath: 2
  • property type Type:   Single Family
  • county County: Marion
  • Listing ID: 21472975
Exclusive Listing Indianapolis, IN 46208
  • 4 Beds
  • 2 Baths
  • 1,536 Sq. Ft
  • Built In 1920
Active
$40,000
Current Rent
$675 /mo

1/8
  • Currently Cash-Flowing
  • • Institutionally Renovated and Maintained
  • • Professionally Screened Tenant
Gross Yield

20.25%

based on an annual rent of $8,100.00 divided by the offer price of $40,000.00.

Net Yield

14.35%

based on a yearly adjusted income of $7,751.70 minus the total annual expense of $2,013.07 divided by the offer price of $40,000.00.

Cash Flow

$5,739

based on a yearly adjusted income of $7,751.70 minus the total annual expense of $2,013.07 and yearly mortgage expense.

Home Details

4 bedroom, 2 bathroom single family property, 1536 sqft built in 1920. Current lease at $675 expires on 05/11/2017. 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, curb offers only, do not disturb tenants. Offers must be submitted directly to InvestabilityOffers@altisource.com. This is part of a bulk sale of a Seasoned, Performing, SFR Income-producing portfolio(s). Additional information can be obtained by calling 855-239-3652.
Features

  • listed date Listed Date: March 10, 2017
  • property type Type:   Single Family
  • year built Year built: 1920
  • square footage SqFt: 1,536
  • price per square foot Price/SqFt: 26
  • bedrooms Bed: 4
  • bathrooms Bath: 2
  • county County: Marion
  • Listing ID: 21472975
Documents

Rental Benchmarks

Rental benchmarks are an examination of all rental prices within a 2 mi radius of this property.

Current Rent $675/mo
Current Rent $675/mo
VS
2 mi Radius $995/mo
Zip Code Median $1,039/mo
Section 8 $1,298/mo
Powered by The Most Trusted name in Rental Data

Rental Comparables

* All homes are Single Family homes with 4 Bedrooms

ADDRESS SQFT DIST RENT
A: 4015 Rookwood Ave Indianapolis IN 46208 1,640 1.2 $875
B: 1409 W 35th St Indianapolis IN 46208 1,156 0.51 $895
C: 312 Northern Ave Indianapolis IN 46208 1,696 1.18 $899
D: 3821 Clarendon Rd Indianapolis IN 46208 1,260 0.9 $795
E: 3134 N College Indianapolis IN 46205 2,200 1.75 $895
View more comparables >
F: 351 W 28th St Indianapolis IN 46208 1,148 0.88 $775
G: 3910 Graceland Ave Indianapolis IN 46208 2,000 1.2 $800
H: 508 Bernard Ave Indianapolis IN 46208 1,536 1.22 $950
I: 431 W 28th St Indianapolis IN 46208 1,160 0.8 $726
J: 2935 N Capitol Ave Indianapolis IN 46208 1,200 0.97 $990

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