2258 N Centennial St

Indianapolis, IN 46222
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2 bd, 1 ba | 725 sqft | Built in 1949

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List Price
$95,000

Initial Investment

$25,888

Purchase Price

$95,000

Down Payment

25%

Rent

$980

Total Return

$61,204

Annualized Return

29.6%

Cap Rate

7.8%

Gross Yield

12.4%

Cash Flow

$1,729

Appreciation

9.2%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

5,793

HOA

None

Flood Risk

Not Required

Property is being offered as-is. Also, property is one of four being listed. Bundled purchase may qualify for special pricing. The four properties currently listed are: 2209 Groff Ave, Indianapolis, IN 46222 listed at $110k, 2302 Groff Ave, Indianapolis, IN 46222 Listed at $95k, 2258 N Centennial Street, Indianapolis, IN 46222 $95k, and 4910 McCray St, , Indianapolis, IN 46224 listed at $175k. All properties currently house tenants and tenants rights must be observed. Message agent for details. Long time tenant. Current lease ends 11/9/24 @ $700/mo.

MARKETS

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NEIGHBORHOOD

SCHOOLS

N/A

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Andre Grimes
Roofstock Realty LLC - IN
IN Agent License #RB17000254

Annual Financial Highlights

Expected Rent

$11,172

Expenses

-$2,478

Property Taxes

-$1,800

Loan Payments

-$5,165

Net Cash Flow

$1,729

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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Similar Listings



Listing Courtesy of:Bradley Polston
Highgarden Real Estate
Certified Agent Brokerage:Andre Grimes
Roofstock Realty LLC - IN
IN Brokerage License RC5160181
SourceMIBOR REALTOR® Association
MLS #21972714
Last Updated: 04/09/2024 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.