12243 Belfry Dr

Noblesville, IN 46060
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3 bd, 2 ba | 1,379 sqft | Built in 2005

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List Price
$240,000

Initial Investment

$65,400

Purchase Price

$240,000

Down Payment

25%

Rent

$1,780

Total Return

$112,785

Annualized Return

21.9%

Cap Rate

5.3%

Gross Yield

8.9%

Cash Flow

-$1,195

Appreciation

8.5%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

3,920

HOA

$36/mo

Flood Risk

Not Required

3BR, 2BA ranch home with open floor plan. Spacious living room, dining room and kitchen. Primary bedroom with ensuite that has a soaking tub, walk-in closet, and large vanity. Near Community Park and neighborhood walking paths. Conveniently located to Hamilton Town Center for shopping, entertainment and restaurants! HSE School District.

MARKETS

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NEIGHBORHOOD

SCHOOLS

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Paul Linn
Best Life Realty Group
IN Agent License #RB14045492

Annual Financial Highlights

Expected Rent

$20,292

Expenses

-$4,049

Property Taxes

-$4,390

Loan Payments

-$13,048

Net Cash Flow

-$1,195

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:Stephen Ladig
Agent License RB14035321
Ladig Realty, LLC
Certified Agent Brokerage:Paul Linn
Best Life Realty Group
IN Brokerage License RC51900253
SourceMIBOR REALTOR® Association
MLS #22025562
Last Updated: 04/19/2025 21:04
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