4113 Gambel Rd

Indianapolis, IN 46221
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3 bd, 1 ba | 1,506 sqft | Built in 1959

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List Price
$215,000

Initial Investment

$58,588

Purchase Price

$215,000

Down Payment

25%

Rent

$1,470

Total Return

$143,613

Annualized Return

27.4%

Cap Rate

4.9%

Gross Yield

8.2%

Cash Flow

-$1,813

Appreciation

11.6%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

16,466

HOA

None

Flood Risk

High Risk - Zone AE

Welcome home to this charming 3-bedroom, 1-bath ranch that combines comfort, space, and convenience! Step into a bright and inviting family room filled with natural light, perfect for relaxing or entertaining. The eat-in kitchen features plenty of space for casual dining, and all appliances stay-including the washer and dryer-making move-in a breeze. Enjoy the expansive great room, complete with a cozy wood-burning fireplace that adds warmth and character. Each of the three bedrooms offers generous space and storage, ideal for a growing family, guests, or a home office. Outside, you'll love the nice-sized yard with a patio-perfect for outdoor gatherings, barbecues, or simply enjoying a quiet evening. This home is ready for your personal touch-don't miss your chance to make it yours!

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

Annual Financial Highlights

Expected Rent

$16,758

Expenses

-$2,983

Property Taxes

-$3,900

Loan Payments

-$11,689

Net Cash Flow

-$1,813

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:Steven Lyday
Agent License RB23000199
F.C. Tucker Company
Certified Agent Brokerage:Paul Linn
Best Life Realty Group
IN Brokerage License RC51900253
SourceMIBOR REALTOR® Association
MLS #22026318
Last Updated: 04/16/2025 22:04
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