12949 Shandon Ln

Fishers, IN 46038
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3 bd, 2 ba | 1,409 sqft | Built in 1994

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List Price
$300,000

Initial Investment

$81,750

Purchase Price

$300,000

Down Payment

25%

Rent

$1,930

Total Return

$115,242

Annualized Return

18.2%

Cap Rate

4.3%

Gross Yield

7.7%

Cash Flow

-$4,199

Appreciation

7.9%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

7,405

HOA

$15/mo

Flood Risk

Not Required

Charming 3 bed, 2 bath ranch in a prime Fishers location! This home features a spacious living area with views of the beautiful fenced-in backyard. The eat-in kitchen includes a cozy breakfast area, perfect for casual dining. Just minutes from top-rated schools, dining, and entertainment. Don't miss this opportunity!

MARKETS

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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

$22,002

Expenses

-$4,091

Property Taxes

-$5,800

Loan Payments

-$16,310

Net Cash Flow

-$4,199

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:Drew Schroeder
Agent License RB14038598
eXp Realty, LLC
Certified Agent Brokerage:Andre Grimes
Roofstock Realty LLC - IN
IN Brokerage License RC5160181
SourceMIBOR REALTOR® Association
MLS #22029356
Last Updated: 04/23/2025 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.