3844 ESQUIRE CT

INDIANAPOLIS, IN 46226
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3 bd, 1 ba | 999 sqft | Built in 1961

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List Price
$124,900

Initial Investment

$34,035

Purchase Price

$124,900

Down Payment

25%

Rent

$1,120

Total Return

$55,646

Annualized Return

21.1%

Cap Rate

5.5%

Gross Yield

10.8%

Cash Flow

-$587

Appreciation

8.1%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

8,538

HOA

None

Flood Risk

Not Required

This 3BDRM/1BTH ranch is located on a quiet cul-de-sac in a well established area. Fenced in backyard, detached garage, and close to transportation. Property needs cosmetic updates, but is awaiting a buyer looking to fix up, or investor to add to their portfolio.

MARKETS

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NEIGHBORHOOD

SCHOOLS

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

Annual Financial Highlights

Expected Rent

$12,768

Expenses

-$2,625

Property Taxes

-$3,940

Loan Payments

-$6,790

Net Cash Flow

-$587

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:Karissa Grove
Agent License RB14031188
The Grove Brokerage LLC
Certified Agent Brokerage:Andre Grimes
Roofstock Realty LLC - IN
IN Brokerage License RC5160181
SourceMIBOR REALTOR® Association
MLS #22030913
Last Updated: 04/08/2025 22:04
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