607 Deer Trail Dr

Indianapolis, IN 46217
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3 bd, 3 ba | 1,814 sqft | Built in 2000

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List Price
$260,000

Initial Investment

$70,850

Purchase Price

$260,000

Down Payment

25%

Rent

$1,660

Total Return

$154,632

Annualized Return

25.0%

Cap Rate

4.5%

Gross Yield

7.7%

Cash Flow

-$3,279

Appreciation

10.9%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

4,051

HOA

None

Flood Risk

Not Required

Welcome to this well-maintained 3-bedroom, 2.5-bath home located in the desirable Deerfield Village neighborhood in Perry Township. This spacious two-story home offers a comfortable layout perfect for families or anyone looking for room to grow. Recent updates include a new HVAC system and roof in 2024, providing peace of mind and energy efficiency for years to come. Don't miss your chance to own this gem-schedule your showing today!

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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

$18,924

Expenses

-$3,368

Property Taxes

-$4,700

Loan Payments

-$14,135

Net Cash Flow

-$3,279

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:Bie Paw
Agent License RB23001081
Keller Williams Indy Metro S
Certified Agent Brokerage:Andre Grimes
Roofstock Realty LLC - IN
IN Brokerage License RC5160181
SourceMIBOR REALTOR® Association
MLS #22032966
Last Updated: 04/18/2025 22:04
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.