827 Dawson St

Indianapolis, IN 46203
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6 bd, 3 ba | 2,192 sqft | Built in 1900

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List Price
$239,000

Initial Investment

$65,128

Purchase Price

$239,000

Down Payment

25%

Rent

$3,160

Total Return

$176,114

Annualized Return

35.1%

Cap Rate

10.1%

Gross Yield

15.9%

Cash Flow

$9,795

Appreciation

8.8%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

5,053

HOA

None

Flood Risk

Not Required

Welcome to your next investment venture or perfect starter home nestled near the vibrant Fountain Square neighborhood! This delightful, fully furnished property offers not only an enviable location but also a history of strong performance on Airbnb, making it an enticing prospect for seasoned investors or individuals looking to dip their toes into the rental market. Set within easy reach of Fountain Square's eclectic mix of restaurants, bars, and entertainment venues, guests will revel in the convenience of exploring one of Indianapolis' most sought-after areas. Whether it's catching a live performance at the nearby Hi-Fi, indulging in the diverse culinary scene, or simply soaking in the unique atmosphere of the neighborhood, there's something for everyone just moments from your doorstep. Don't let this opportunity pass you by - seize the chance to own a piece of Fountain Square's dynamic community and unlock the doors to endless possibilities. Plus, the wonderful Airbnb host is willing to continue managing as bookings are in place through July.

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

Annual Financial Highlights

Expected Rent

$36,024

Expenses

-$8,886

Property Taxes

-$4,350

Loan Payments

-$12,993

Net Cash Flow

$9,795

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:Tara Carlisle
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Last Updated: 04/17/2025 22:04
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