9238 Celtic Ct

Indianapolis, IN 46235
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3 bd, 2 ba | 1,700 sqft | Built in 1968

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List Price
$165,000

Initial Investment

$44,963

Purchase Price

$165,000

Down Payment

25%

Rent

$1,500

Total Return

$96,922

Annualized Return

26.9%

Cap Rate

6.7%

Gross Yield

10.9%

Cash Flow

$1,449

Appreciation

9.1%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

9,845

HOA

None

Flood Risk

Not Required

Check out this spacious East side two-story 3 bedroom, 1 1/2 bath home! The house features multiple extra living space: a bonus room/office as well as a smaller room that could serve as a den. The large back yard has a rear fence, mature trees, and a patio for relaxation. The main floor features newer luxury vinyl plank flooring.

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

$17,100

Expenses

-$3,370

Property Taxes

-$3,310

Loan Payments

-$8,970

Net Cash Flow

$1,449

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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Similar Listings



Listing Courtesy of:Jenni Ruiz
Agent License RB14031546
J S Ruiz Realty, Inc.
Certified Agent Brokerage:Paul Linn
Best Life Realty Group
IN Brokerage License RC51900253
SourceMIBOR REALTOR® Association
MLS #22026901
Last Updated: 03/18/2025 03:03
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