106 N Blake St
Sheridan, IN 46069
List Price
$180,000
Initial Investment
$49,050Purchase Price
$180,000
Down Payment
25%
Rent
$1,650
Total Return
$104,478
Annualized Return
27.0%
Cap Rate
7.0%
Gross Yield
11%
Cash Flow
$2,050
Appreciation
8.8%
Reset to DefaultEdit Assumptions
Features
Occupancy
Unspecified
Lease Start
-
Lease End
-
Lot Size
8,712
HOA
None
Flood Risk
Not Required
Come see this 3-bedroom, 1-bath home that offers 1,394 square feet of potential with NO HOA! Perfect for investors or buyers looking for a value-add opportunity. Featuring classic shake shingle siding and a detached garage, this property is ready for your vision. Whether you're looking to renovate and flip, hold as a rental, or make this your first home, this house is full of possibilities. Located in the heart of Sheridan and 15 minutes from Grand Park and all its amenities. Enjoy the charm of small-town living while being just a short drive to Westfield, Noblesville, and Indianapolis. Don't miss this chance to capitalize on a promising investment!
See more in Analysis
Paul Linn
Best Life Realty Group
IN Agent License #RB14045492
Annual Financial Highlights
Expected Rent
$18,810Expenses
-$3,724Property Taxes
-$3,250Loan Payments
-$9,786Net Cash Flow
$2,050See 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.
Similar Listings
Listing Courtesy of:Eric Pells
Agent License RB21002214
Keller Williams Indpls Metro N
Agent License RB21002214
Keller Williams Indpls Metro N
Certified Agent Brokerage:Paul Linn
Best Life Realty Group
IN Brokerage License RC51900253
Best Life Realty Group
IN Brokerage License RC51900253
SourceMIBOR REALTOR® Association
MLS #22026590
Last Updated: 03/14/2025 14:03
MLS #22026590
Last Updated: 03/14/2025 14:03