1710 Thaddeus St

Indianapolis, IN 46203
image0

2 bd, 1 ba | 1,430 sqft | Built in 1955

slider image
slider image
slider image
List Price
$129,900

Initial Investment

$35,398

Purchase Price

$129,900

Down Payment

25%

Rent

$1,320

Total Return

$78,957

Annualized Return

28.4%

Cap Rate

7.7%

Gross Yield

12.2%

Cash Flow

$2,166

Appreciation

8.8%
refreshReset to Default
Edit Assumptions
Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

4,095

HOA

None

Flood Risk

Not Required

Investors take note Here's your chance to own a well-kept, cash flowing, turn-key rental in south Fountain Square. Currently leased at $1300/mo through Section 8. This recently remodeled home is located in the middle of neighborhood development with new builds surrounding. Just blocks from Fountain Square commerce district, walking trails, parks, schools, and interstate access. Lots to love here with a touch of nature and a lot of privacy. Fenced yard with wooded lot, privacy fence in rear, large patio. Home features several new updates including newer vinyl siding, replacement windows, dimensional roofing, interior paint, flooring, lighting, fixtures, and more. Remodeled bathroom. New HVAC with programmable thermostat. Interior features include raised ceilings, hardwood floors, multiple living areas, eat-in kitchen, and plenty of storage. Remodeled bathroom on main level. Upper level could be flex space, home office, or another bedroom.

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

Annual Financial Highlights

Expected Rent

$15,048

Expenses

-$3,310

Property Taxes

-$2,510

Loan Payments

-$7,062

Net Cash Flow

$2,166

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.

Similar Listings



Listing Courtesy of:Brian Pachciarz
Agent License RB14042294
BLP Realty Group
Certified Agent Brokerage:Paul Linn
Best Life Realty Group
IN Brokerage License RC51900253
SourceMIBOR REALTOR® Association
MLS #22032930
Last Updated: 04/18/2025 22:04
Disclaimer: The accuracy of this information is deemed reliable but not guaranteed or warrantied. All information should be independently verified before making purchase decisions. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The content relating to real estate for sale on this website appears courtesy of the Multiple Listing Service (MLS) listed as the “Source” on this page. Individual listings appear with the permission of the real estate brokerage identified under the “Listing Agent” on this page.