Turnkey SFH - 3 bedrooms 1 bath - Guaranteed Private Financing - Indianapolis

Turnkey SFH - 3 bedrooms 1 bath - Guaranteed Private Financing - Indianapolis

Derek GendigPro Member
Broker / Investor / Property Manager · Indianapolis, IN · Member since 2014 · 125 posts · 42 votes

147 Villa Avenue,Indianapolis, IN.  

3 bedrooms - 1 bathroom - 1,272 sqft  

This home was completely rehabbed in the fall of 2013.  Home has tile in the kitchen, entry & restroom.  Siding is concrete-board.  All mechanicals, including central air conditioner, are new.  Rent is estimated at $720+, semi-annual tax of $361.  This home literally is rent ready / portfolio ready, no work needed.

Private Financing Terms:

Purchase Price: $49,500

Loan Origination Fee: $0 - Paid by Seller

Interest Rate: 8.99%*

Loan Term: 12 years

No pre-payment penalties

Call Todd for additional information.  317 - 331 - 8496

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  • Dawn AnastasiPro Member
    Rental Property Investor · Milwaukee, WI · Member since 2013 · 6k+ posts · 4k+ votes
    12y

    What area is this house in -- A, B, C, or D?

  • Derek GendigPro Member
    OP
    Broker / Investor / Property Manager · Indianapolis, IN · Member since 2014 · 125 posts · 42 votes
    12y

    Hi Dawn.  The home is located in the immediate downtown area.  It is approximately 1 mile from the downtown mall, convention center and major attractions within the city (Lucas Oil Stadium - where the colts play) & Bankers Life Field House - where the Pacers play. The area is mostly blue collar.  Compared to the city as a whole, I would rate the area a C to C -.  

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