1 (855) 239-3652
Exclusive Listing Indianapolis, IN 46222
  • 3 Beds
  • 1 Baths
  • 1,104 Sq. Ft
  • Built In 1968
Active
$33,000
Current Rent
$615 /mo
  • Currently Cash-Flowing
  • • Institutionally Renovated and Maintained
  • • Professionally Screened Tenant

Financial Performance

Gross Yield

22.36%

based on an annual rent of $7,380.00 divided by the offer price of $33,000.00.

Net Yield

14.90%

based on a yearly adjusted income of $7,047.90 minus the total annual expense of $2,129.97 divided by the offer price of $33,000.00.

Cash Flow

$4,918

based on a yearly adjusted income of $7,047.90 minus the total annual expense of $2,129.97 and yearly mortgage expense.

Home Details

3 bedroom, 1 bathroom single family property, 1104 sqft built in 1968. Current lease at $615 expires on 03/24/2018. 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: 1968
  • square footage SqFt: 1,104
  • price per square foot Price/SqFt: 30
  • bedrooms Bed: 3
  • bathrooms Bath: 1
  • property type Type:   Single Family
  • county County: Marion
  • Listing ID: 21473068
Exclusive Listing Indianapolis, IN 46222
  • 3 Beds
  • 1 Baths
  • 1,104 Sq. Ft
  • Built In 1968
Active
$33,000
Current Rent
$615 /mo

1/10
  • Currently Cash-Flowing
  • • Institutionally Renovated and Maintained
  • • Professionally Screened Tenant
Gross Yield

22.36%

based on an annual rent of $7,380.00 divided by the offer price of $33,000.00.

Net Yield

14.90%

based on a yearly adjusted income of $7,047.90 minus the total annual expense of $2,129.97 divided by the offer price of $33,000.00.

Cash Flow

$4,918

based on a yearly adjusted income of $7,047.90 minus the total annual expense of $2,129.97 and yearly mortgage expense.

Home Details

3 bedroom, 1 bathroom single family property, 1104 sqft built in 1968. Current lease at $615 expires on 03/24/2018. 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: 1968
  • square footage SqFt: 1,104
  • price per square foot Price/SqFt: 30
  • bedrooms Bed: 3
  • bathrooms Bath: 1
  • county County: Marion
  • Listing ID: 21473068
Documents

Rental Benchmarks

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

Current Rent $615/mo
Current Rent $615/mo
VS
1 mi Radius $675/mo
Zip Code Median $835/mo
Section 8 $1,140/mo
Powered by The Most Trusted name in Rental Data

Rental Comparables

* All homes are Single Family homes with 3 Bedrooms

ADDRESS SQFT DIST RENT
A: 1143 N Elder Ave Indianapolis IN 46222 864 0.03 $675
B: 1230 N Tremont St Indianapolis IN 46222 879 0.36 $675
C: 1133 N Elder Ave Indianapolis IN 46222 1,008 0.04 $595
D: 266 N Reisner St Indianapolis IN 46222 1,007 0.87 $675
E: 3015 W Michigan St Indianapolis IN 46222 1,344 1 $675
View more comparables >
F: 280 N Elder Ave Indianapolis IN 46222 786 0.84 $675
G: 2808 W 10th St Indianapolis IN 46222 960 0.65 $650
H: 1421 King Ave Indianapolis IN 46222 1,679 0.54 $650
I: 1221 W 19th St Indianapolis IN 46202 1,200 0.88 $650
J: 1052 N Mount St Indianapolis IN 46222 1,512 0.4 $700

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