10221 TOURNON DR

FISHERS, IN 46037
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4 bd, 3 ba | 2,740 sqft | Built in 1999

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List Price
$379,000

Initial Investment

$103,278

Purchase Price

$379,000

Down Payment

25%

Rent

$2,430

Total Return

$121,270

Annualized Return

16.6%

Cap Rate

5.3%

Gross Yield

7.7%

Cash Flow

-$1,733

Appreciation

6.1%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

6,970

HOA

$38/mo

Flood Risk

Not Required

Discover your new oasis in the heart of Fishers' charming Brookston Place! This single-family home offers 2,740 square feet of thoughtful design with four generous bedrooms and three elegant bathrooms, each featuring walk-in closets for effortless organization. The gourmet kitchen showcases granite countertops and stainless steel appliances that stay for your convenience. Unwind on the screened-in porch fitted with a ceiling fan, or enjoy the outdoor space on the paver patio-ideal for entertaining. The master bath is a sanctuary with its relaxing garden tub and separate shower. Looking for some garage space with your home...extra 4 ft bump out in the fully finished garage. Located within easy reach of Geist and a 5 min walk to delightful restaurants this home is ready to move into!

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

Annual Financial Highlights

Expected Rent

$27,702

Expenses

-$5,381

Property Taxes

-$3,450

Loan Payments

-$20,604

Net Cash Flow

-$1,733

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:Shannon Gilbert
Agent License RB14037650
Highgarden Real Estate
Certified Agent Brokerage:Andre Grimes
Roofstock Realty LLC - IN
IN Brokerage License RC5160181
SourceMIBOR REALTOR® Association
MLS #22030736
Last Updated: 04/08/2025 22:04
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