1300 Birchwood Way

Greenwood, IN 46143
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5 bd, 3 ba | 2,670 sqft | Built in 2001

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List Price
$349,999

Initial Investment

$95,375

Purchase Price

$349,999

Down Payment

25%

Rent

$1,730

Total Return

$162,447

Annualized Return

20.0%

Cap Rate

3.2%

Gross Yield

5.9%

Cash Flow

-$8,476

Appreciation

9.9%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

14,680

HOA

$22/mo

Flood Risk

Not Required

Welcome home to one of the largest and most desirable properties in a Greenwood neighborhood! As you step inside, an inviting foyer welcomes you into a bright, airy living room with 9-foot ceilings. The space is perfect for entertaining guests or enjoying cozy evenings with family. The open-concept layout flows seamlessly from the living room into the gourmet kitchen, which features premium appliances, ample counter space, and beautiful cabinetry. This design makes it ideal for hosting gatherings or simply enjoying daily life. Upstairs, you'll find four generously sized bedrooms, each filled with natural light and offering plenty of closet space. The luxurious primary suite serves as your private retreat, complete with a walk-in closet and a spa-like en-suite bathroom with a soaking tub and shower with vaulted ceilings. It's the perfect spot to relax after a long day. The exterior is equally impressive. The beautifully landscaped yard offers a spacious patio, ideal for outdoor dining, entertaining, or enjoying your morning coffee. Did we mention it is the largest lot in the neighborhood? Whether you're grilling with friends or lounging under the stars, this yard provides endless opportunities for outdoor fun. Additional highlights include a three-car attached garage, perfect for vehicles, storage, or a workshop. The cozy fireplace in the family room is an ideal space to gather during cooler months. The fully finished basement includes a fifth bedroom, offering even more living space, whether for guests, a home office, or a playroom. This home has it all! Combining luxury, comfort, and functionality, it's everything you've been searching for. From the gourmet kitchen to the finished basement and gorgeous outdoor space, this home is ready for you to make lasting memories. Schedule your tour today and come see for yourself why this is the perfect place to call home!

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

Annual Financial Highlights

Expected Rent

$19,722

Expenses

-$3,771

Property Taxes

-$5,400

Loan Payments

-$19,028

Net Cash Flow

-$8,476

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:Austin Coon
Agent License RB21000518
@properties
Certified Agent Brokerage:Paul Linn
Best Life Realty Group
IN Brokerage License RC51900253
SourceMIBOR REALTOR® Association
MLS #22001255
Last Updated: 09/23/2024 22:09
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.