3829 N TEMPLE AVE

INDIANAPOLIS, IN 46205
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2 bd, 1 ba | 1,020 sqft | Built in 1948

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List Price
$98,900

Initial Investment

$26,950

Purchase Price

$98,900

Down Payment

25%

Rent

$1,100

Total Return

$72,247

Annualized Return

32.3%

Cap Rate

8.1%

Gross Yield

13.3%

Cash Flow

$2,051

Appreciation

10.3%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

6,403

HOA

None

Flood Risk

Not Required

Charming cottage-style home nestled in the heart of the desirable Meadows neighborhood. This 2-bedroom, 1-bathroom property offers 816 sq. ft. of cozy living space, featuring a vinyl exterior for low-maintenance care. The interior boasts a spacious living area, an open kitchen with plenty of potential, and two generously sized bedrooms. Outside, the lot provides ample space for outdoor activities or future landscaping dreams. Perfect for first-time buyers, investors, or those looking to downsize. Conveniently located close to local amenities, schools, and parks. With a little TLC, this home could shine as the gem of the neighborhood! Schedule your private showing today and envision the possibilities!

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

Annual Financial Highlights

Expected Rent

$12,540

Expenses

-$2,903

Property Taxes

-$2,210

Loan Payments

-$5,377

Net Cash Flow

$2,051

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:Terry Young
Red Bridge Real Estate
Certified Agent Brokerage:Paul Linn
Best Life Realty Group
IN Brokerage License RC51900253
SourceMIBOR REALTOR® Association
MLS #22022553
Last Updated: 02/25/2025 18:02
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