136 MEADOW GLEN DR

AVON, IN 46123
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3 bd, 2 ba | 1,108 sqft | Built in 1999

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List Price
$249,900

Initial Investment

$68,098

Purchase Price

$249,900

Down Payment

25%

Rent

$1,400

Total Return

$111,555

Annualized Return

20.6%

Cap Rate

4.6%

Gross Yield

6.7%

Cash Flow

-$2,717

Appreciation

8.6%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

8,276

HOA

None

Flood Risk

Not Required

Wonderful ranch home on cul-de-sac. 3 bedroom/2 bath. Well maintained with many updates and move in ready. Great room with cathedral ceiling and 2 year old sliding door. All newer windows, new water heater (21), new smoke alarms installed through out. Laminate flooring installed, Primary offers split bedroom floor plan, flooring and updated master bath. Bath has newer fixtures, double sinks and tiled bath. Guest Bathroom has been updated with new vanity, fixtures, lights and tub/shower. Step outside onto a huge patio to enjoy the summer, privacy fenced yard with lovely landscaping and a pet area. Mini barn remains Heated garage (heater remains), epoxy floor, pull down stairs and extra storage. Additional updates include HVAC in 2023 and roof in 2024.

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

Annual Financial Highlights

Expected Rent

$15,960

Expenses

-$2,841

Property Taxes

-$2,250

Loan Payments

-$13,586

Net Cash Flow

-$2,717

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:Melissa Sheets
Agent License RB14047241
F.C. Tucker Company
Certified Agent Brokerage:Paul Linn
Best Life Realty Group
IN Brokerage License RC51900253
SourceMIBOR REALTOR® Association
MLS #22027539
Last Updated: 03/20/2025 15:03
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