1429 N Grant Ave

Indianapolis, IN 46201
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2 bd, 1 ba | 1,089 sqft | Built in 1923

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List Price
$65,000

Initial Investment

$17,713

Purchase Price

$65,000

Down Payment

25%

Rent

$910

Total Return

$51,921

Annualized Return

34.0%

Cap Rate

8.4%

Gross Yield

16.8%

Cash Flow

$1,307

Appreciation

11.3%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

5,097

HOA

None

Flood Risk

Not Required

Great Investment Property! A good value in desirable Little Flower area. 2BR 1BA with clawfoot tub. Dining Rm. Laundry & additional storage in the Basement. Fenced back yard and a 2 car detached garage.

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

Annual Financial Highlights

Expected Rent

$10,374

Expenses

-$2,863

Property Taxes

-$2,670

Loan Payments

-$3,534

Net Cash Flow

$1,307

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:John Pacilio
Agent License RB14029929
eXp Realty - Indiana
Certified Agent Brokerage:Paul Linn
Best Life Realty Group
IN Brokerage License RC51900253
SourceMIBOR REALTOR® Association
MLS #21988421
Last Updated: 07/19/2024 03:07
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