3101 N Temple Ave

Indianapolis, IN 46218
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2 bd, 1 ba | 1,260 sqft | Built in 1947

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List Price
$99,900

Initial Investment

$27,223

Purchase Price

$99,900

Down Payment

25%

Rent

$780

Total Return

$78,998

Annualized Return

31.4%

Cap Rate

5.8%

Gross Yield

9.4%

Cash Flow

-$44

Appreciation

12.6%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

7,144

HOA

None

Flood Risk

Not Required

INVESTORS TAKE NOTE Here's your chance to own a turn-key, cash-flowing rental in a nice pocket of Indianapolis near 30th and Keystone. This 2 bedroom home has gone through recent renovations and currently has a tenant paying $1000/mo in rent. Low maintenance exterior vinyl, newer windows and roof, and a partially finished basement for lounging. Plenty of street parking and a larger yard behind the home. Lease in place until May of 2027.

MARKETS

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NEIGHBORHOOD

SCHOOLS

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Paul Linn
Best Life Realty Group
IN Agent License #RB14045492

Annual Financial Highlights

Expected Rent

$8,892

Expenses

-$1,705

Property Taxes

-$1,800

Loan Payments

-$5,431

Net Cash Flow

-$44

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:Brian Pachciarz
Agent License RB14042294
BLP Realty Group
Certified Agent Brokerage:Paul Linn
Best Life Realty Group
IN Brokerage License RC51900253
SourceMIBOR REALTOR® Association
MLS #22033187
Last Updated: 04/19/2025 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.