6350 Brokenhurst Rd

Indianapolis, IN 46220
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3 bd, 3 ba | 2,745 sqft | Built in 1959

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List Price
$339,000

Initial Investment

$92,378

Purchase Price

$339,000

Down Payment

25%

Rent

$1,880

Total Return

$148,874

Annualized Return

19.7%

Cap Rate

3.8%

Gross Yield

6.7%

Cash Flow

-$6,313

Appreciation

9.1%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

20,865

HOA

None

Flood Risk

Not Required

Welcome to this charming brick ranch-style home situated in the highly desirable Devonshire neighborhood, offering the perfect blend of comfort and functionality. Boasting 3 bedrooms and 2.5 baths, this residence is ideal for anyone looking for the perfect home. Two spacious living areas provide plenty of room for relaxation and entertainment, while the fireplace adds a touch of coziness on cool evenings. The well-appointed kitchen is equipped with everything you need to whip up delicious meals, featuring ample counter space and storage. Enjoy casual dining at the breakfast bar or more formal dining in the separate adjoining dining room. The primary suite offers a peaceful retreat, complete with a private bath and ample closet space. Two additional bedrooms provide flexibility for guests, a home office, or a playroom for the little ones. Downstairs, the partially finished basement offers a laundry area, additional storage space and potential for future expansion, whether you envision a home gym, hobby area, or workshop. Outside, the expansive fully fenced yard beckons you to enjoy outdoor living at its finest. This home has been well maintained with bamboo flooring in the family room, updated main bathroom, new gutters, and new garage door (2021) and electrical outlets and switches. Conveniently located near schools, walking trails, and amenities, this home offers the perfect blend of tranquility and convenience. Don't miss out on the opportunity to make cherished memories in this lovely home.

See more in Analysis
Paul Linn
Best Life Realty Group
IN Agent License #RB14045492

Annual Financial Highlights

Expected Rent

$21,432

Expenses

-$3,815

Property Taxes

-$5,500

Loan Payments

-$18,430

Net Cash Flow

-$6,313

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:Amy Barbar
Agent License RB20000110
F.C. Tucker Company
Certified Agent Brokerage:Paul Linn
Best Life Realty Group
IN Brokerage License RC51900253
SourceMIBOR REALTOR® Association
MLS #21970692
Last Updated: 04/11/2024 18:04
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