245 W Fourth St Greenfield, IN 46140
3bd, 2ba | 1,534sqft | Built in 1999
Expand
Initial Investment
$154,649
List Price: $149,900
Purchase Price
$149,900
Down Payment
100%
Rent
$1,150

Total Return
$34,860
Annualized Return
4.5%
Cap Rate
5.1%
Gross Yield
9.2%
Cash Flow
$7,048
Appreciation
0.9%
Features
Roofstock Certified
Occupancy
Vacant
Guaranteed Rent
Yes
Lot Size
6,186 
HOA
None
Flood Risk
Not Required
  • Cape Cod home on a quiet, older street. newer furnace, appliances, patio, and front/back steps
  • Attractive 5.1% cap rate in a 3-star neighborhood
  • Fenced-in backyard with a 2.5 car garage
  • Located close to shopping and downtown Greenfield
  • Listed on MLS on 12/3/2018.

Annual Financial Highlight
Expected Rent
$13,110
Expenses
-$3,062
Property Taxes
-$3,000
Loan Payments
$0

Net Cash Flow
$7,048
Considerations
Property Characteristics    View Details



Buyer's Agent
An experienced local broker will represent and assist you throughout the transaction. They will negotiate on your behalf, from your first offer through closing.
  • You can contact them with questions even before making an offer.
  • Plus, a professional home inspection will be conducted during closing, paid for by Roofstock. As soon as the inspection report is ready, your Buyer’s Agent will discuss the findings with you and help with any next steps.
  • There is no additional cost to having a Buyer’s Agent as their fees will be paid by the seller.

Property Management   

Why choose?

From repairs and maintenance to communicating with tenants, our certified property management teams protect your assets and keep things running smoothly.

Listed By: Karla Bingaman, Rhodes Realty, LLC
Listing Source: MLS #21609603 details provided by MIBOR Realtor Association. Information deemed reliable but not guaranteed. Copyright 2019 MIBOR Realtor Association. All rights reserved. Data is refreshed every 30 minutes.
BESbswy