6331 Zionsville Rd

Indianapolis, IN 46268
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4 bd, 3 ba | 4,072 sqft | Built in 1920

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List Price
$299,900

Initial Investment

$81,723

Purchase Price

$299,900

Down Payment

25%

Rent

$2,500

Total Return

$162,851

Annualized Return

25.2%

Cap Rate

6.4%

Gross Yield

10.0%

Cash Flow

$1,687

Appreciation

8.7%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

22,041

HOA

None

Flood Risk

Not Required

PRICED TO SELL! This spacious home offers 4 bedrooms, 2.5 bathrooms, and a 3 car attached garage in the sought after Pike Township School System. NO HOA! With over 4000 sq ft including the unfinished basement, there is ample room to make it your own. The fenced back yard provides privacy and security. While it needs some updates, this home presents a fantastic opportunity at a great price! NEW Gas Water Heater. NEW refrigerator. HVAC system recently serviced and has a NEW circuit board. NEW sump pump. Hurry, don't miss out.

See more in Analysis
Paul Linn
Best Life Realty Group
IN Agent License #RB14045492

Annual Financial Highlights

Expected Rent

$28,500

Expenses

-$5,359

Property Taxes

-$5,150

Loan Payments

-$16,304

Net Cash Flow

$1,687

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.  This inspection, paid for by Roofstock, will be conducted by a Roofstock-affiliated vendor.  As 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:Lorie Blythe
Agent License RB18001966
The Stewart Home Group
Certified Agent Brokerage:Paul Linn
Best Life Realty Group
IN Brokerage License RC51900253
SourceMIBOR REALTOR® Association
MLS #21973737
Last Updated: 04/21/2024 23:04
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