4224 Moline Dr

Indianapolis, IN 46221
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3 bd, 1 ba | 1,300 sqft | Built in 1960

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List Price
$169,900

Initial Investment

$46,298

Purchase Price

$169,900

Down Payment

25%

Rent

$1,450

Total Return

$121,905

Annualized Return

29.7%

Cap Rate

5.9%

Gross Yield

10.2%

Cash Flow

$152

Appreciation

11.6%
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Features

Occupancy

Occupied

Lease Start

06/30/2022

Lease End

06/30/2024

Lot Size

14,375

HOA

None

Flood Risk

High Risk - Zone AE

  • Spacious 5 bedroom, 1 bathroom home in Decatur County Indiana.
  • Large corner yard.
  • Tenant in place.
  • Rent is $1450.00
  • Get more insight into this market here

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NEIGHBORHOOD

SCHOOLS

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Annual Financial Highlights

Expected Rent

$16,530

Expenses

-$4,241

Property Taxes

-$2,900

Loan Payments

-$9,237

Net Cash Flow

$152

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