2073 Autumn Faith Way

Avon, IN 46123
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4 bd, 3 ba | 2,902 sqft | Built in 2004

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List Price
$385,000

Initial Investment

$104,913

Purchase Price

$385,000

Down Payment

25%

Rent

$2,310

Total Return

$173,408

Annualized Return

20.8%

Cap Rate

4.7%

Gross Yield

7.2%

Cash Flow

-$3,920

Appreciation

8.6%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

15,246

HOA

$36/mo

Flood Risk

Not Required

All of your wishes have been granted in Heathermor on Autumn Faith Way. You could move in tomorrow. The owners are the original owners. They have taken great care of the property since they built it. New roof and gutters in 2022 with a transferrable 10 year warranty. New carpet installed last week! HVAC is only 6 years old and just serviced. Insulation was added to the attic for more energy efficiency. Open floor plan with plenty of areas to live in downstairs. Den/Office is off main entrance. Makes it easy to find a quiet space to work from home. Double sided fireplace to living room and four season Sunroom with double french doors on each side. Add a closet to either space and you easily have another bedroom. Split floor plan layout upstairs. Primary is on the other side of the spacious loft. Large breakfast room downstairs that is open to the kitchen area. Oven is new with built in Air Fryer feature. Washer and Dryer included. Sliding doors lead to your backyard with no neighbors behind. Direct access to the Bicentennial Trail for your morning walk. Heathermor has a clubhouse with community pool, playground, and basketball court. This subdivision is in the sweet spot of Avon, close to all of the things, but behind Rockville Rd. Easy to get to from the 10th St exit. Avon Community Schools. This is an easy one to make your home ownership dreams a reality.

See more in Analysis
Andre Grimes
Roofstock Realty LLC - IN
IN Agent License #RB17000254

Annual Financial Highlights

Expected Rent

$26,334

Expenses

-$5,123

Property Taxes

-$4,200

Loan Payments

-$20,931

Net Cash Flow

-$3,920

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:Alison Fernandez
Agent License RB15001609
The Stewart Home Group
Certified Agent Brokerage:Andre Grimes
Roofstock Realty LLC - IN
IN Brokerage License RC5160181
SourceMIBOR REALTOR® Association
MLS #21967327
Last Updated: 03/07/2024 22:03
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