7835 E 296th St

Atlanta, IN 46031
image0

4 bd, 3 ba | 2,232 sqft | Built in 2019

slider image
slider image
slider image
List Price
$314,900

Initial Investment

$85,810

Purchase Price

$314,900

Down Payment

25%

Rent

$2,140

Total Return

$114,437

Annualized Return

18.0%

Cap Rate

4.9%

Gross Yield

8.2%

Cash Flow

-$2,400

Appreciation

7.1%
refreshReset to Default
Edit Assumptions
Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

10,890

HOA

None

Flood Risk

Not Required

Welcome Home! This move in ready home offers 4 bedrooms and 3 full baths, 2 car garage, is only 6 years old and located in Hamilton Heights School District. The exterior is maintenance free, enjoy the large covered front porch, full privacy fence and the huge back yard. A storage/mini barn has been added as well as on oversized concrete patio 28'x15', privacy landscaping and 3 new trees. The exterior brick has even been sealed! The inside offers plenty of space, natural lighting and storage. Kitchen is open to the formal dining & breakfast rooms and offers a walk-in pantry, breakfast bar. Appliances included are dishwasher, range/oven, microwave. The kitchen offers plenty of cabinets and counter space. The great room is very large and opens to a full bath on the main level as well as the laundry room. There are four nice sized bedrooms upstairs that offer lots of closet space. The primary bedroom is huge and is truly a suite with a large master bath. The master bath includes dual sinks and a large walk-in closet, full tub with shower. The garage includes built in shelving, work bench and additional insulation has been added. This home offers plenty of space inside and out.

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

Annual Financial Highlights

Expected Rent

$24,396

Expenses

-$3,977

Property Taxes

-$5,700

Loan Payments

-$17,120

Net Cash Flow

-$2,400

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:Christine Krause
Agent License RB14031334
Crossroads Realty
Certified Agent Brokerage:Paul Linn
Best Life Realty Group
IN Brokerage License RC51900253
SourceMIBOR REALTOR® Association
MLS #22028809
Last Updated: 04/23/2025 16:04
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.