4922 Birmingham Dr

Indianapolis, IN 46235
image0

4 bd, 3 ba | 2,534 sqft | Built in 2004

slider image
slider image
slider image
List Price
$294,900

Initial Investment

$80,360

Purchase Price

$294,900

Down Payment

25%

Rent

$2,030

Total Return

$145,344

Annualized Return

22.2%

Cap Rate

4.8%

Gross Yield

8.3%

Cash Flow

-$2,680

Appreciation

9.1%
refreshReset to Default
Edit Assumptions
Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

9,757

HOA

$27/mo

Flood Risk

Not Required

Imagine starting or ending your day on this large brick paver patio with nothing behind you but the golf course! Perfect two story updated floor plan for today's family offers four bedrooms plus open loft, den or bonus room on the main floor, wonderful kitchen with center island, breakfast area and formal dining room too! Cozy great room with fireplace is open to kitchen. Oversize two car garage has extra storage area, extra shelving, additional lighting and electrical and epoxy type flooring. Very spacious bedrooms, most with walk in closets. Updates throughout including kitchen with granite countertops & painted cabinets, new LVP flooring in kitchen, half bath, laundry and hall, and SS appliances. Primary bedroom has been redesigned with updated bath, new tub surround, counter tops, double sink vanity, tiled walls. flooring and larger walk in closet. Main bath has new flooring, countertop, tiled back splash, mirror, lighting, faucet, fiberglass tub surround. Lovely covered front porch and a patio with a metal pergola that stays. All exterior trim painted last year. New blue shutters too!

See more in Analysis
Andre Grimes
Roofstock Realty LLC - IN
IN Agent License #RB17000254

Annual Financial Highlights

Expected Rent

$23,142

Expenses

-$4,439

Property Taxes

-$5,350

Loan Payments

-$16,032

Net Cash Flow

-$2,680

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.

Similar Listings



Listing Courtesy of:Suzanne Roell-Carlson
Agent License RB14043640
Smart Choice Realtors, LLC
Certified Agent Brokerage:Andre Grimes
Roofstock Realty LLC - IN
IN Brokerage License RC5160181
SourceMIBOR REALTOR® Association
MLS #22032747
Last Updated: 04/20/2025 23:04
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.