5728 Beechwood Ave

Indianapolis, IN 46219
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5 bd, 3 ba | 2,954 sqft | Built in 1911

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List Price
$350,000

Initial Investment

$95,375

Purchase Price

$350,000

Down Payment

25%

Rent

$3,550

Total Return

$273,554

Annualized Return

33.3%

Cap Rate

7.7%

Gross Yield

12.2%

Cash Flow

$6,305

Appreciation

11.2%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

9,583

HOA

None

Flood Risk

Not Required

IRVINGTON :: A blend of old-world charm and modern convenience with this stunning 5-bedroom, 3-bathroom home nestled in classic Irvington. Enter through the inviting front porch, where you can sip your morning coffee or enjoy the sunset in style. Relax and unwind in the spacious living room, where abundant natural light floods the space, creating a welcoming atmosphere for hosting & entertaining. Step into the renovated kitchen, complete with eat-in dining space ideal for cozy mornings! The dining room awaits, offering an effortlessly combined tradition with modern comfort. Retreat to the expansive primary suite, boasting a sitting area, two closets for ample storage, a private balcony, and an ensuite bath, providing the ultimate sanctuary to escape the hustle and bustle of daily life. In addition there is a second primary suite located on the first floor, perfect for a roommate, in-law, or privacy! Conveniently located, this home is within walking distance to all that Irvington has to offer, including beloved local spots like the Snug, StrangeBird, Landlocked, and Jockamos Pizza, as well as the scenic Pennsy Trail! Don't miss your chance to experience the perfect blend of old-world charm and modern luxury in this coveted Irvington gem. Schedule a tour today and make this dream home yours!

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

Annual Financial Highlights

Expected Rent

$40,470

Expenses

-$8,487

Property Taxes

-$6,650

Loan Payments

-$19,028

Net Cash Flow

$6,305

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:Kristin Glassburn
Agent License RB17001173
@properties
Certified Agent Brokerage:Andre Grimes
Roofstock Realty LLC - IN
IN Brokerage License RC5160181
SourceMIBOR REALTOR® Association
MLS #21967539
Last Updated: 03/22/2024 17:03
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