829 Villa Ave

Indianapolis, IN 46203
image0

4 bd, 3 ba | 2,871 sqft | Built in 1955

slider image
slider image
slider image
List Price
$295,000

$5K

Initial Investment

$80,388

Purchase Price

$295,000

Down Payment

25%

Rent

$1,670

Total Return

$117,905

Annualized Return

18.1%

Cap Rate

3.4%

Gross Yield

6.8%

Cash Flow

-$6,646

Appreciation

8.8%
refreshReset to Default
Edit Assumptions
Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

4,269

HOA

None

Flood Risk

Not Required

Fountain Square! Welcome to this fully updated 4-bd home, 3-ba home! With nearly 9 ft ceilings on the main, the natural light boast throughout. Conveniently located on the main floor, the primary bedroom provides a classic charm mets modern amenities within the ensuite bathroom! Each room features spacious closets, ensuring ample storage for all your needs. Spacious living and dining room, open to the kitchen with newer appliances. Steps away from the heart of Fountain Square, this property offers easy access to amenities including multiple restaurants, coffee shops, canal trail, and close to all highways and interstates.

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

Annual Financial Highlights

Expected Rent

$19,038

Expenses

-$4,247

Property Taxes

-$5,400

Loan Payments

-$16,038

Net Cash Flow

-$6,646

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:Kristin Glassburn
Agent License RB17001173
@properties
Certified Agent Brokerage:Andre Grimes
Roofstock Realty LLC - IN
IN Brokerage License RC5160181
SourceMIBOR REALTOR® Association
MLS #21967380
Last Updated: 04/22/2024 14:04
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.