271 W Gimber St

Indianapolis, IN 46225
image0

3 bd, 2 ba | 1,272 sqft | Built in 1971

slider image
slider image
slider image

Favorite

List Price
$215,000

Initial Investment

$58,588

Purchase Price

$215,000

Down Payment

25%

Rent

$1,150

Total Return

$95,902

Annualized Return

19.4%

Cap Rate

3.2%

Gross Yield

6.4%

Cash Flow

-$5,427

Appreciation

9.7%
refreshReset to Default
Edit Assumptions
Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

6,011

HOA

None

Flood Risk

Not Required

Welcome Home! This charming, open-concept freshly renovated house comes with 3-bedrooms, 2 bathroom and is move in ready with all the hard work already done for you. All that is left to do is make it your own. All brand new appliances, new roof and new doors thorough out to improve energy efficiency. Other updates include new flooring/subflooring, kitchen cabinets, countertops, new overhead lighting, remodeled bathrooms, remodeled kitchen and many more. Conveniently located just minutes from downtown, parks, and shopping. This beautiful home has been completely renovated, this home is ready for you.

MARKETS

View Stats

NEIGHBORHOOD

SCHOOLS

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

Annual Financial Highlights

Expected Rent

$13,110

Expenses

-$2,948

Property Taxes

-$3,900

Loan Payments

-$11,689

Net Cash Flow

-$5,427

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.
View Options

Similar Listings



Listing Courtesy of:Anthony Jackson-Moses
Tip Top Realty, LLC
Certified Agent Brokerage:Paul Linn
Best Life Realty Group
IN Brokerage License RC51900253
SourceMIBOR REALTOR® Association
MLS #21972471
Last Updated: 04/06/2024 05:04
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.