210 S Ritter Ave

Indianapolis, IN 46219
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3 bd, 2 ba | 2,839 sqft | Built in 1900

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List Price
$330,000

Initial Investment

$89,925

Purchase Price

$330,000

Down Payment

25%

Rent

$1,220

Total Return

$154,982

Annualized Return

19.0%

Cap Rate

1.5%

Gross Yield

4.4%

Cash Flow

-$13,444

Appreciation

11.2%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

9,627

HOA

None

Flood Risk

Not Required

Located in historic Irvington, this updated 3-bed, 2-bath home offers more than just comfort and style. It provides a lifestyle rich in history and community. From the classical, solid wood floor with a decorative fireplace to a modern kitchen with granite counter tops, you'll enjoy the best of both worlds-the style and functionality of the past seamlessly integrated with today's modern amenities. Step upstairs and the spaciousness of the main bedroom along with the elegance of the master bath will put you at ease. If outdoor is your place to relax, a charming oasis awaits you. An added bonus to this home is the detached 2-car garage. Don't forget Irvington embodies the essence of small-town charm while offering easy access to the amenities of city living with its walking trails, vibrant local shops and restaurants.

See more in Analysis
Andre Grimes
Roofstock Realty LLC - IN
IN Agent License #RB17000254

Annual Financial Highlights

Expected Rent

$13,908

Expenses

-$3,462

Property Taxes

-$5,950

Loan Payments

-$17,941

Net Cash Flow

-$13,444

See more in Financials

Property Characteristics

Buyer's Agent

An experienced local, licensed real estate broker/agent will represent you in this transaction. They will negotiate on your behalf, from your first offer through closing.
  • You can contact your Agent with questions even before making an offer.
  • A professional home inspection will be conducted prior to closing. ā€ÆThis inspection, paid for by Roofstock, will be conducted by a Roofstock-affiliated vendor. ā€ÆAs soon as the report is ready, your Agent will discuss the findings with you and help with any next steps.

Property Management

Why choose?
From repairs and maintenance to communicating with tenants, our preferred property management teams protect your assets and keep things running smoothly.

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Listing Courtesy of:Thomas Nguyen
Agent License RB16000402
F.C. Tucker Company
Certified Agent Brokerage:Andre Grimes
Roofstock Realty LLC - IN
IN Brokerage License RC5160181
SourceMIBOR REALTORĀ® Association
MLS #21973963
Last Updated: 04/20/2024 19:04
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