1 (855) 239-3652
Exclusive Listing Indianapolis, IN 46218
  • 2 Beds
  • 1 Baths
  • 1,136 Sq. Ft
  • Built In 1940
Active
$44,000
Current Rent
$625 /mo
  • Currently Cash-Flowing
  • • Institutionally Renovated and Maintained
  • • Professionally Screened Tenant

Financial Performance

Gross Yield

17.05%

based on an annual rent of $7,500.00 divided by the offer price of $44,000.00.

Net Yield

10.56%

based on a yearly adjusted income of $7,215.00 minus the total annual expense of $2,567.81 divided by the offer price of $44,000.00.

Cash Flow

$4,647

based on a yearly adjusted income of $7,215.00 minus the total annual expense of $2,567.81 and yearly mortgage expense.

Home Details

2 bedroom, 1 bathroom single family property, 1136 sqft built in 1940. Current lease at $625 expires on 05/30/2017. 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: 1940
  • square footage SqFt: 1,136
  • price per square foot Price/SqFt: 39
  • bedrooms Bed: 2
  • bathrooms Bath: 1
  • property type Type:   Single Family
  • county County: Marion
  • Listing ID: 21473054
Exclusive Listing Indianapolis, IN 46218
  • 2 Beds
  • 1 Baths
  • 1,136 Sq. Ft
  • Built In 1940
Active
$44,000
Current Rent
$625 /mo

1/9
  • Currently Cash-Flowing
  • • Institutionally Renovated and Maintained
  • • Professionally Screened Tenant
Gross Yield

17.05%

based on an annual rent of $7,500.00 divided by the offer price of $44,000.00.

Net Yield

10.56%

based on a yearly adjusted income of $7,215.00 minus the total annual expense of $2,567.81 divided by the offer price of $44,000.00.

Cash Flow

$4,647

based on a yearly adjusted income of $7,215.00 minus the total annual expense of $2,567.81 and yearly mortgage expense.

Home Details

2 bedroom, 1 bathroom single family property, 1136 sqft built in 1940. Current lease at $625 expires on 05/30/2017. 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: 1940
  • square footage SqFt: 1,136
  • price per square foot Price/SqFt: 39
  • bedrooms Bed: 2
  • bathrooms Bath: 1
  • county County: Marion
  • Listing ID: 21473054
Documents

Rental Benchmarks

Rental benchmarks are an examination of all rental prices within a 1 mi radius of this property.

Current Rent $625/mo
Current Rent $625/mo
VS
1 mi Radius $650/mo
Zip Code Median $681/mo
Section 8 $850/mo
Powered by The Most Trusted name in Rental Data

Rental Comparables

* All homes are Single Family homes with 2 Bedrooms

ADDRESS SQFT DIST RENT
A: 4311 E 34th St Indianapolis IN 46218 1,914 0.7 $675
B: 3521 N Riley Ave Indianapolis IN 46218 920 0.25 $650
C: 3929 N Butler Ave Indianapolis IN 46226 900 0.38 $650
D: 3351 Wallace Ave Indianapolis IN 46218 768 0.55 $700
E: 3646 N Denny St Indianapolis IN 46218 1,021 0.91 $700
View more comparables >
F: 3624 Wallace Ave Indianapolis IN 46218 1,262 0.27 $600
G: 3317 Arthington Bl Indianapolis IN 46218 768 0.63 $650
H: 3366 N Chester Ave Indianapolis IN 46218 798 0.96 $700
I: 3356 Forest Manor Ave Indianapolis IN 46218 1,760 0.87 $650
J: 4169 N Emerson Ave Indianapolis IN 46226 1,120 0.58 $740

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