5126 Shadow Pointe Dr

Indianapolis, IN 46254
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3 bd, 2 ba | 1,425 sqft | Built in 1991

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List Price
$259,900

Initial Investment

$70,823

Purchase Price

$259,900

Down Payment

25%

Rent

$1,680

Total Return

$159,421

Annualized Return

25.5%

Cap Rate

4.4%

Gross Yield

7.8%

Cash Flow

-$3,339

Appreciation

11.1%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

14,941

HOA

$21/mo

Flood Risk

Not Required

Welcome! This beautifully updated 3 bed/2 bath ranch home is full of warmth and charm! As you step inside, you'll be greeted by gorgeous bamboo floors that flow seamlessly throughout the living areas, while the foyer and kitchen feature stylish tile accents that add a touch of sophistication. The kitchen is a true gem, complete with beautiful cabinets, upgraded quartz countertops, a stunning backsplash that perfectly complements the space and includes all appliances. Vaulted ceilings make the home feel bright, open, and airy-giving you a sense of space. Spacious closets in every room ensure plenty of storage, so you'll never be short on space. Laundry is conveniently located next to Primary suite and includes washer and dryer. The extra large, fenced backyard with a finished deck is an entertainer's dream, offering a fantastic spot to relax, play, or host guests in privacy. Plus, the two-car garage provides ample room for vehicles and extra storage. This cozy yet spacious home is the perfect combination of comfort, style, and functionality. Don't miss the chance to make it yours and experience all the incredible features it has to offer!

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

Annual Financial Highlights

Expected Rent

$19,152

Expenses

-$3,661

Property Taxes

-$4,700

Loan Payments

-$14,130

Net Cash Flow

-$3,339

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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Listing Courtesy of:Amber Wilson
Agent License RB14040471
United Real Estate Indpls
Certified Agent Brokerage:Andre Grimes
Roofstock Realty LLC - IN
IN Brokerage License RC5160181
SourceMIBOR REALTOR® Association
MLS #22032759
Last Updated: 04/22/2025 19:04
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