1129 Church St
Indianapolis, IN 46225
List Price
$240,000
Initial Investment
$65,400Purchase Price
$240,000
Down Payment
25%
Rent
$1,570
Total Return
$124,957
Annualized Return
22.9%
Cap Rate
4.6%
Gross Yield
7.8%
Cash Flow
-$2,686
Appreciation
9.7%
Reset to DefaultEdit Assumptions
Features
Occupancy
Unspecified
Lease Start
-
Lease End
-
Lot Size
3,615
HOA
None
Flood Risk
Not Required
Welcome to 1129 Church St, Indianapolis, IN 46225 a beautifully renovated 3-bedroom, 1.5-bathroom home that perfectly balances modern updates with its original charm. With 1,300 square feet of living space, this property is nestled in a rapidly developing area on the outskirts of Bates-Hendricks, surrounded by exciting new developments. Location is everything, and this home delivers! Just 3 minutes from Lucas Oil Stadium and 8 minutes from Mass Ave, you'll have quick access to some of the best nightlife, restaurants, and entertainment the city has to offer. Whether you're looking for a turnkey Airbnb, a rental for traveling nurses, or a cozy family home, this property is a fantastic investment opportunity. Don't miss your chance to own a home in this thriving area schedule a showing today!
See more in Analysis
Paul Linn
Best Life Realty Group
IN Agent License #RB14045492
Annual Financial Highlights
Expected Rent
$17,898Expenses
-$3,186Property Taxes
-$4,350Loan Payments
-$13,048Net Cash Flow
-$2,686See 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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SourceMIBOR REALTOR® Association
MLS #22026609
Last Updated: 03/13/2025 23:03
MLS #22026609
Last Updated: 03/13/2025 23:03