5895 Noble Dr

Indianapolis, IN 46234
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5 bd, 3 ba | 3,687 sqft | Built in 2003

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List Price
$375,000

Initial Investment

$102,188

Purchase Price

$375,000

Down Payment

25%

Rent

$2,400

Total Return

$191,352

Annualized Return

23.2%

Cap Rate

5.3%

Gross Yield

7.7%

Cash Flow

-$1,747

Appreciation

9.1%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

7,841

HOA

$38/mo

Flood Risk

Not Required

Seller may consider buyer concessions if made in an offer. Welcome to this charming home with a cozy fireplace enhancing the living room, surrounded by a calming natural color palette throughout. The spacious Primary bedroom boasts a walk-in closet for ample storage. The primary bathroom features double sinks and good under sink storage. Step outside to a fenced backyard with a sitting area, perfect for enjoying the fresh outdoors. Fresh interior paint brightens up the space, while partial flooring replacement in some areas adds a modern touch. Don't miss out on this inviting property with so much to offer!

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

Annual Financial Highlights

Expected Rent

$27,360

Expenses

-$5,320

Property Taxes

-$3,400

Loan Payments

-$20,387

Net Cash Flow

-$1,747

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:Shelby Farrar
Agent License RB14048287
Opendoor Brokerage LLC
Certified Agent Brokerage:Paul Linn
Best Life Realty Group
IN Brokerage License RC51900253
SourceMIBOR REALTOR® Association
MLS #22027469
Last Updated: 03/18/2025 05:03
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