207 E Wall St
Advance, IN 46102
List Price
$254,900
Initial Investment
$69,460Purchase Price
$254,900
Down Payment
25%
Rent
$1,950
Total Return
$153,776
Annualized Return
27.3%
Cap Rate
6.6%
Gross Yield
9.2%
Cash Flow
$2,075
Appreciation
9.4%
Reset to DefaultEdit Assumptions
Features
Occupancy
Unspecified
Lease Start
-
Lease End
-
Lot Size
8,930
HOA
None
Flood Risk
Not Required
Fully renovated home sits in the heart of peaceful Advance, Indiana! Offering small-town charm with modern updates, this move-in-ready 5-bedroom, 2-bath home has undergone a top-to-bottom transformation inside and out. Spacious, updated bathrooms with new vanities, toilets, fixtures, rain showerheads, fresh paint & flooring. Beautifully updated kitchen featuring freshly painted cabinets, tile backsplash, new countertops, new flooring, and all appliances included. Private bedroom off garage with its own heat/air source & separate entry-perfect for guests or in-law quarters. Freshly updated throughout - new HVAC system, new plumbing, new flooring, fresh paint, and modern fixtures. Extra-deep 3-car garage with large doors for all your storage needs + bonus detached barn for extra space! Located within walking distance to the local post office, restaurant, and town park, which features a pavilion, playground, RC park, and basketball courts. Plus, the fire station is just down the street! If you're looking for a peaceful small-town lifestyle in a fully renovated home with ample space, a HUGE garage, and unbeatable value-this is the one!
See more in Analysis
Andre Grimes
Roofstock Realty LLC - IN
IN Agent License #RB17000254
Annual Financial Highlights
Expected Rent
$22,230Expenses
-$3,997Property Taxes
-$2,300Loan Payments
-$13,858Net Cash Flow
$2,075See 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:Robyn Breece
Agent License RB16001778
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Certified Agent Brokerage:Andre Grimes
Roofstock Realty LLC - IN
IN Brokerage License RC5160181
Roofstock Realty LLC - IN
IN Brokerage License RC5160181
SourceMIBOR REALTOR® Association
MLS #22026352
Last Updated: 03/13/2025 23:03
MLS #22026352
Last Updated: 03/13/2025 23:03